Ex-Pioneer CEO Says FTC Wrongly Vilified Him Over Exxon Deal

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Ex-Pioneer CEO Says FTC Wrongly Vilified Him Over Exxon Deal
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Former Pioneer Natural Resources Co. Chief Executive Officer Scott Sheffield says federal regulators mischaracterized facts and wrongly vilified him in saying he tried to collude with OPEC to prop up crude prices.

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FTC Set to Rule on $60 Billion Exxon-Pioneer Deal in Coming DaysFTC Set to Rule on $60 Billion Exxon-Pioneer Deal in Coming DaysThe Federal Trade Commission is set to decide whether to sue to block Exxon Mobil Corp.’s $60 billion acquisition of Pioneer Natural Resources Co. in coming days, according to people familiar with the matter.
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Exxon Set to Win FTC Approval for Pioneer Deal on SettlementExxon Set to Win FTC Approval for Pioneer Deal on Settlement(Bloomberg) -- The US Federal Trade Commission is poised to greenlight Exxon Mobil Corp.’s $60 billion purchase of Pioneer Natural Resources Co. after the...
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Exxon to Close Pioneer Deal as FTC Forces Out Founder SheffieldExxon to Close Pioneer Deal as FTC Forces Out Founder SheffieldThe US Federal Trade Commission declined to challenge Exxon Mobil Corp.’s $60 billion purchase of Pioneer Natural Resources Co. but asserted that Scott Sheffield, Pioneer’s co-founder, must not take a seat on the supermajor’s board.
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U.S. FTC signals Exxon-Pioneer deal approval, bars former executive from board seatU.S. FTC signals Exxon-Pioneer deal approval, bars former executive from board seatThe FTC’s consent order prevents former Pioneer Natural Resources CEO Scott Sheffield from taking an offered seat on Exxon Mobil’s board of directors to resolve antitrust concerns
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