FTC Clears $60B Exxon Deal With Pioneer Executive Ban

By Al Barbarino ( May 2, 2024, 11:15 AM EDT) -- The Federal Trade Commission on Thursday cleared the way for the close of the $60 billion mega-merger between Exxon Mobil Corp. and Pioneer Natural Resources, subject to an agreement barring former Pioneer Natural Resources CEO Scott Sheffield from gaining a seat on Exxon's board.  . . .

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