Freeport-McMoRan Copper & Gold today announced that it has completed its acquisition of Plains Exploration & Production, adding a high quality portfolio of U.S.-based oil and gas assets to its global mining business. This approximate $16.3 billion transaction included the assumption of $9.7 billion of PXP debt as of March 31, 2013, the payment of approximately $3.3 billion in cash ($25 per PXP share), the issuance of
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