FTC investigating Exxon's planned $60 billion purchase of driller giant Pioneer

FTC investigating Exxon's planned $60 billion purchase of driller giant Pioneer

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The Federal Trade Commission is investigating ExxonMobil's planned $60 billion acquisition of U.S. shale driller giant Pioneer Natural Resources. Why it matters: The merger would be ExxonMobil's largest deal since the two namesakes merged in 1999 and reshape the U.S. oil industry. And it would…

#exxonmobil #permianbasin #exxon #pioneer #chuckschumer #chevron #ftc #merger #capitolhill

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