Exxon Mobil Set To Close $60B Deal For Pioneer Natural Resources After Agreement With FTC

CNBC

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Mixed Factuality

Individual: Roberts Family

Exxon Mobil reaches agreement with FTC, poised to close $60 billion Pioneer deal

The FTC will not block the deal now that the regulator and Exxon have reached a consent agreement, according to a source familiar with the matter.

Globo

Other: Roberto Irineu Marinho

Exxon will close Pioneer for 60 billion dollars, and agrees not to include the former CEO in its board of directors.

KVIA

Center

High Factuality

Media Conglomerate: News-Press & Gazette Company

Exxon Mobil deal with Pioneer gets FTC nod, but former Pioneer CEO Scott Sheffield barred from board

WASHINGTON (AP) — Exxon Mobil’s $60 billion deal to buy Pioneer Natural Resources on Thursday received clearance from the Federal Trade Commission, but the former CEO of Pioneer was barred from joining the new company’s board of directors. The FTC said Thursday that Scott Sheffield, who founded Pioneer in 1997, colluded with OPEC and OPEC+ to potentially raise crude oil prices. Sheffield retired from the company in 2016, but he returned as presi…

Winnipeg Free Press

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High Factuality

Exxon Mobil deal with Pioneer gets FTC nod, but former Pioneer CEO Scott Sheffield barred from board

WASHINGTON (AP) — Exxon Mobil’s $60 billion deal to buy Pioneer Natural Resources on Thursday received clearance from the Federal Trade Commission, but the former CEO of Pioneer was barred […]

Benzinga

Center

High Factuality

Exxon Mobil Set To Close $60B Deal For Pioneer Natural Resources After Agreement With FTC

According to a report from the Wall Street Journal, the Federal Trade Commission will allege Sheffield has engaged in collusive activity which may have effected the price of oil.