Marathon Petroleum Corp. and Andeavor Announce Expiration of HSR Act Waiting Period

Marathon Petroleum Corp. and Andeavor Announce Expiration of HSR Act Waiting Period

FINDLAY, Ohio, and SAN ANTONIO, Texas, July 3, 2018 – Marathon Petroleum Corp. (NYSE: MPC) and Andeavor (NYSE: ANDV) today announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired in connection with the proposed transaction whereby MPC would acquire all of Andeavor’s outstanding shares. The parties have also received the necessary regulatory clearance by the Canadian Commissioner of Competition pursuant to the Competition Act (Canada).Together, these matters satisfy certain conditions for the closing of the proposed merger.The transaction is still expected to close in the second half of 2018, and remains subject to customary closing conditi…

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