Government approves merger of Exxon and MobilFTC requires downstream divestitures; combination creates world’s largest publicly traded oil company H. Josef Hebert Associated Press Writer
Exxon and Mobil have moved swiftly to conclude their $81 billion merger after federal regulators cleared the way — with conditions — for the deal creating the world’s largest publicly traded oil company.
The merger reunites two of the biggest remnants of the 1911 government breakup of John D. Rocke....
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FTC says settlement preserves competition Companies had regional retail dominance Effective worldwide competition company’s goal
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