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Exxon Mobil, flush with cash as oil prices surge, will acquire Pioneer Natural Resources in a $59.5 billion deal

Exxon Mobil, flush with cash as oil prices surge, will acquire Pioneer Natural Resources in a $59.5 billion deal

Exxon Mobil, flush with cash as oil prices surge, will acquire Pioneer Natural Resources in a $59.5 billion deal

NEW YORK (AP) — Exxon Mobil, flush with cash as oil prices surge, will acquire Pioneer Natural Resources in a $59.5 billion deal.