FTC greenlights Exxon-Pioneer megadeal with a caveat. It's still a good sign for energy mergers
Briefly

Former Pioneer CEO Scott Sheffield allegedly coordinated with U.S. shale producers to restrict output, aligning with OPEC to raise oil prices, claimed by the U.S. Federal Trade Commission.
Exxon gains clearance for the $60 billion Pioneer purchase, focusing on resolving a dispute with Chevron over Hess Corp acquisition. Shares rose following the news, planned closing on Friday.
Read at Fast Company
[
add
]
[
|
|
]