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Security filings show the Federal Trade Commission is investigating ExxonMobil’s $60 billion deal to acquire a Texas oil company, potentially one the largest energy industry mergers in two decades
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
The investigation comes after Chuck Schumer and other senators urged the FTC to investigate the Exxon-Pioneer deal and Chevron's $53 billion deal with Hess.
It would be one the largest mergers in the energy industry in 20 years.
It would be one the largest mergers in the energy industry in 20 years.