• 11/10/2024

Exxon was set to close its $60 billion deal for Pioneer following an agreement with antitrust enforcers not to add former Pioneer CEO Scott Sheffield to its board, people familiar with the matter said.

Wall Street Journal

Exxon was set to close its $60 billion deal for Pioneer following an agreement with antitrust enforcers not to add former Pioneer CEO Scott Sheffield to its board, people familiar with the matter said.

https://www.wsj.com/business/energy-oil/exxon-to-close-megadeal-pioneer-ceo-to-be-barred-from-exxon-board-in-deal-with-ftc-884c939e