Exxon Reserves Right To Back Out Of Gas Deal If FRAC Act Passes

Exxon Reserves Right To Back Out Of Gas Deal If FRAC Act Passes

Exxon would be able to walk away from the deal if U.S. lawmakers make hydraulic fracturing "illegal" or "commercially impracticable," according to the merger agreement filed by Exxon with the U.S. Securities and Exchange Commission.

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