ExxonMobil To Buy Pioneer In $60 Bln All-stock Deal

Energy major Exxon Mobil Corp. announced Wednesday its agreement to acquire Pioneer Natural Resources Co. in an all-stock transaction valued at $253 per share or $59.5 billion in total. The implied total enterprise value of the deal, including net debt, is around $64.5 billion. In pre-market activity on the NYSE, […]

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