XTO Energy Investors Move To Stop $41B Exxon Deal

Law360, New York (March 3, 2010, 2:10 PM EST) -- Shareholders in one of more than a dozen suits seeking to block Exxon Mobil Corp.'s proposed $41 billion purchase of natural gas player XTO Energy Inc. filed a motion for a temporary injunction a day after the defendants filed a bid to have the case thrown out.

According to court papers filed Tuesday in the U.S. District Court for the Northern District of Texas, XTO Energy shareholders face irreparable harm unless the court temporarily enjoins the tie-up because material information about the value of XTO Energy,...
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