Nexen (NXY) says the Committee on Foreign Investment in the United States approves its $15.1B...

|By:, SA News Editor

Nexen (NXY) says the Committee on Foreign Investment in the United States approves its $15.1B takeover by China's Cnooc (CEO), removing the final barrier to China's largest foreign takeover. NXY expects the deal to close the week of Feb. 25. NXY +2% premarket.