Exxon to buy XTO for $31 billion
Posted: December 15, 2009 at 4:23 a.m.
Exxon Mobil Corp. said Monday it will buy XTO Energy Inc. for $31 billion in a bet that U.S. emissions restrictions will spur increased demand for relatively cleanburning natural gas.
This story is only available from the archives. Click here to contact the online desk.
Business, Pages 23 on 12/15/2009
(Advertisement)
« Previous Story
GM agrees to sell Saab technology to Beijing ...
Beijing Autos has agreed to buy technology from GM’s Saab Automobile, a breakthrough for the Chinese automaker that could clear the way for General Motors Co. to sell the r... Read »
Next Story »
Wells Fargo, Citigroup to repay billions
Wells Fargo and Citigroup both said Monday they will repay the billions of dollars they hold in U.S. governmen... Read »
Comments
To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Please read our comment policy.
Use the comment form below to begin a discussion about this content.
Registration is required to make comments. Click here to LOGIN.
You can register for FREE to post comments and receive alerts.