Exxon Mobil reaches agreement with FTC, poised to close $60 billion Pioneer deal

The Federal Trade Commission will wave through Exxon Mobil's roughly $60 billion acquisition of Pioneer Natural Resources after reaching an agreement with the energy giant, a source familiar with the matter told CNBC.The FTC will not block the deal now that the regulator and Exxon have reached a consent agreement, the source said. The agreement will bar Pioneer's former CEO Scott Sheffield from joining the Exxon board.The push to remove Sheffield was due to concerns about his prior discussions with OPEC, ac ...