All Rex Tillerson Wants for Christmas is XTO

And Rex Tillerson gets what he wants. His Irving-based Exxon Mobil Corp. announced today that it will buy Fort Worth-based XTO Energy: The all-stock deal is estimated to be worth $31 billion. More details about the deal are available here.

1 comment

  1. This would be good, if it led to more natural gas cars and filling stations, but I do not think that is their motive at this time.

    @ 6:27 pm on December 14, 2009

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