U.S. Clears Oil Firm Nexen's Buyout By China's CNOOCThe U.S. government says Canadian energy producer Nexen's (NXY) planned sale to China's state-owned CNOOC (CEO) doesn't pose national security concerns. With that approval from the Committee on Foreign Investments, Nexen said its $15.1 billion deal is set to close in the week of Feb. 25, about 7 months after CNOOC first made the $27.50 per share offer. Nexen shares surged more than 2% to 27.43 intraday. CEO shares were up fractionally to 200 on
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