Exxon’s Blockbuster Pioneer Merger Needs Biden’s Blessing First - BNN Bloomberg

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Exxon Mobil Corp. needs approval from the Biden administration before it can take over independent oil and gas producer Pioneer Natural Resources Co. in what would be the world’s biggest deal this yea

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Exxon Mobil in advanced talks for $60-billion acquisition of Pioneer, sources sayExxon, which is valued at about $436 billion, last year earned a record $55.7 billion on sky high oil and gas prices and ended the year with $29.6 billion in cash and equivalents
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