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Exxon Set to Win FTC Approval for Pioneer Deal on Settlement [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
the companies agreed to minor concessions, according to people familiar with the matter. Most Read from Bloomberg Tesla Axes Supercharger Team in Blow to Broader EV Market NYPD Arrests Over 300 Protesters in Crackdown on College Campuses US and Saudis Near Defense Pact Aimed at Reshaping Middle East The Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire Economy Fed to Signal Delay of Interest-Rate Cuts An announcement may come within days, the people said. The deal will make Exxon far and away the biggest oil and natural gas producer in the Permian Basin, North America's largest US oil field. Pioneer shares that had been down more than 2% on the day reversed those losses and were trading up as much as 0.9% on the news. Hess Corp, the target of a separate Big Oil takeover bid, also climbed 0.9%. More than 50 lawmakers urged the FTC in March to increase scrutiny on concerns a $230 billion wave of consolidation in would increase energy prices for consume
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