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Exxon Mobil merger talks lure global energy giant status
Exxon Corp and Mobil Corp reportedly discuss a merger valued at about 49 billion dollars, potentially the largest industrial deal ever. The London Financial Times cited sources close to both companies while officials declined to confirm. The tie would reunite two parts of the Standard Oil Trust and create the world’s leading energy business, with Exxon and Mobil each holding major global presence and refining capacity.
MENTIONED IN THIS ARTICLE
New York
Exxon Corp
Mobil Corp
Trustbusters
Financial Times
Exxon
Mobil
Royal Dutch Shell
Cos
Oil and Gas
Standard Oil Trust
Supreme Court
British Petroleum
Amoco Corp
Kerr-McGee Corp
Oryx Energy Co
Ultramar Diamond Shamrock Corp
Phillips Petroleum Co
Seagull Energy Corp
Ocean Energy Inc
Bp-Amoco
United States