Marathon Petroleum Corporation
Business Description
Marathon Petroleum Corporation (“MPC”) was incorporated in Delaware
on November 9, 2009 in connection with an internal restructuring of Marathon Oil
Corporation (“Marathon Oil”). On May 25, 2011, the Marathon Oil board
of directors approved the spinoff of its Refining, Marketing & Transportation
Business (“RM&T Business”) into an independent, publicly traded
company, MPC, through the distribution of MPC common stock to the stockholders
of Marathon Oil common stock.
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