Haven’t really heard anything in about a month from XOM or the FRC. Is the deal dead?
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Second data request from FTC was expected. The deal is now targeted to close in June. Barring something drastic I have no concerns on it closing.
Second request for info was made by the FTC earlier this month. It is not a good sign, but doesn't necessarily mean the deal will fall through. The subsequent M&A spree drawing attention to things doesn't help, as the FTC and senate dems would love to shut it down. As it stands they are just delaying things but the longer it takes increases the chance that someone backs out. Personally I hope it falls apart, that'd be hilarious.