Historical Events tagged with "mobil"
Turns out history loves a label—battles, breakthroughs, and the occasional disaster, all neatly tagged for your browsing pleasure. Because sometimes you just need every weird invention in one place.
Economics & Industry
Exxon and Mobil Agree to Historic Merger
November 30th, 1999 25 years ago
Exxon and Mobil announced a monumental merger agreement valued at $73.7 billion, creating ExxonMobil. This agreement was a significant move in the oil and gas industry, positioning the new entity as the world's largest publicly traded company. The merger aimed to enhance operational efficiencies, create synergies, and expand global reach. The deal was a culmination of discussions where both companies recognized the need to compete more effectively in a rapidly consolidating market.
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