Exxon and Mobil Announce Expectation of Antitrust
6.05.1999, 16:32
Reviews Completion Irving, Texas, and Fairfax, Va. (PROTEXT) - Exxon Corporation(NYSE: XON) and Mobil Corporation (NYSE: MOB) announced theirexpectation that the antitrust reviews of their proposed mergerwill be completed by about the end of the third quarter. Thecompanies filed the formal pre-merger notification with theEuropean Commission on May 3, 1999. Under the EC's regulatoryframework, that process should be completed around the end of thethird quarter. As a result of discussions with the Federal TradeCommission, the companies believe that the FTC process can becompleted in the same time period. ots Original Text Service:Exxon Corporation Internet: http://www.newsaktuell.de Contact:Media Relations of Exxon Corporation, (USA) 972-444-1107; orMedia Relations of Mobil Corporation, (USA) 703-846-2500 Website: http://www.exxon.com
Subscribers please note that material bearing the slug"PROTEXT" is not part of CTK's news service and is not to bepublished under the "CTK" slug. Protext is a commercial serviceproviding distribution of press releases from clients, who areidentified in the text of Protext reports and who bear fullresponsibility for their contents.
PROTEXT