FTC greenlights Exxon-Pioneer megadeal with a caveat. It s still a good sign for energy mergers
Get the Full StoryThe FTC barred Pioneer s former CEO from Exxon s board on allegations he attempted to collude with OPEC to raise oil prices.U.S. regulators on Thursday gave the go-ahead to Exxon Mobil s 60 billion purchase of Pioneer Natural Resources, but barred Pioneer s former CEO from Exxon s board on allegations he attempted to collude with OPEC to raise oil prices.
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