FTC looking at ExxonMobil, Pioneer merger deal

Jack Burke Senior Editor, Compressor Tech2

December 06, 2023

Federal agency was urged to investigate by U.S. senators

ExxonMobil’s plan to acquire Pioneer Natural Resources for $60 billion is being probed by the Federal Trade Commission.

Pioneer made the disclosure in a filing with the Securities and Exchange Commission (SEC). 

“On December 4, 2023, Pioneer and ExxonMobil each received a request for additional information and documentary materials (a…

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