(RTTNews) - Energy major Exxon Mobil Corp. announced Wednesday its agreement to acquire Pioneer Natural Resources Co. in an all-stock transaction valued at $253 per share or $59.5 billion in total.
ExxonMobil (XOM)'s near-$60 billion acquisition of Pioneer Natural Resources (PXD) highlights Big Oil's continued appetite for shale producers. The deal, announced earlier this week, will make the oil ...