Exxon Mobil Acquiring XTO Energy in $41B Deal; Enhances US Position in Unconventional Natural Gas and Oil
Green Car Congress
DECEMBER 14, 2009
Exxon Mobil Corporation is acquiring XTO Energy Inc. These will complement ExxonMobil’s holdings in the United States, Canada, Germany, Poland, Hungary and Argentina. The new organization will be located in Fort Worth, Texas, in XTO’s current offices. In connection with the transaction, J.P. Morgan Securities Inc.
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