Exxon Mobil CEO: XTO Transaction To Close In 2Q
12 3월 2010 - 2:30AM
Dow Jones News
NEW YORK (Dow Jones)-Exxon Mobil Corp. (XOM) Chief Executive Rex
Tillerson said the company expects to close its pending acquisition
of U.S. natural gas producer XTO Energy Inc. (XTO) in the second
quarter.
Speaking to analysts in the company's annual meeting in New
York, Chief Tillerson said he believes that while the value of the
acquisition to Exxon Mobil and its shareholders is "compelling,"
the real benefit of the $41 billion transaction will be evident
over several years or even decades.
-By Isabel Ordonez, Dow Jones Newswires; 713-547-9207;
isabel.ordonez@dowjones.com
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