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Financial Analysis for exxon
Essay specific features
Written by:
Jeffrey R
Date added:
December 29, 2016
Level:
University
Grade:
A
No of pages / words:
3 / 735
Was viewed:
6633 times
Rating of current essay:
Essay content:
The shareholders, employees, and customers expect the best out of Exxon and that's what they give them.
In 1998, Exxon and Mobil signed an agreement to merge and form a new company called Exxon Mobil Corporation. "This merger will enhance our ability to be an effective global competitor in a volatile world economy and in an industry that is more and more competitive," said Lee Raymond and Lou Noto, chairmen and chief executive officers of Exxon and Mobil...
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After shareholder and regulatory approvals, the merger was completed November 30, 1999.
Both Exxon and Mobil trace their roots to the late 19th century, when American industry was booming in numerous sections - steel, railroads and banking, to name a few. The nation's petroleum industry picked up the pace to meet the growth in demand for kerosene, lubricants and greases...
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