Saturday - April 19, 2025
FTC Receives Petition to Reopen and Set Aside Order in Exxon-Pioneer Acquisition Case
April 17, 2025
WASHINGTON, April 17 (TNSFR) -- The Federal Trade Commission (FTC) has announced the receipt of a petition from Scott Sheffield, former CEO of Pioneer Natural Resources Company, requesting the agency to reopen and set aside its January 2025 Decision and Order concerning Exxon Mobil Corporation's acquisition of Pioneer.

The order had prohibited Mr. Sheffield from joining Exxon's Board of Directors or serving in an advisory role. The petition claims the order lacks legal ju . . .

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