Exxon-Mobil deal faces scrutiny
Thursday 03 December 1998
THE US anti-monopolies watchdog, the Federal Trade Commission, will review the Exxon-Mobil merger announced on Tuesday, once the merger document has been filed. Scrutiny of the deal, which brings together two of the biggest surviving parts of the Rockefeller Standard Oil empire, had been expected. There was speculation that the two companies could be required to sell some of their petrol stations.
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