ExxonMobil (XOM) to buy XTO Energy (XTO) for $41B in shares, including $10B in debt, to bolster...

|About: Exxon Mobil Corporation (XOM)|By:, SA News Editor

ExxonMobil (XOM) to buy XTO Energy (XTO) for $41B in shares, including $10B in debt, to bolster its position in the development of unconventional natural gas and oil resources. XTO shareholders to receive 0.7098 XOM share per share, a 25% premium to Friday's close.