GLG News Analyses of the following article:ConocoPhillips to Sell $10 Billion in Assets
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Published at: online.wsj.com
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ConocoPhillips needs Partner
October 8, 2009
CcnocoPhillips ("Conoco") is down to less than $1 billion in cash and $30 billions in debt. Something has to give. Sale of assets in the order of $10 billions is considered by CEO James Mulva.
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