Oil mergers: Exxon next if history is any clue

April 8, 2015 7:10 PM

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Oil mergers: Exxon next if history is any clue

If history is any indication, ExxonMobil (XOM)could be the next oil giant to grow bigger through acquisition.

In the late 1990s, falling oil prices prompted a wave of mergers in the sector as oil companies sought to bulk up in order to compete in tough times.

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