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Traderzz

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Traderzz

Re: Traderzz post# 177291

Monday, 12/14/2009 1:58:17 PM

Monday, December 14, 2009 1:58:17 PM

Post# of 188583
XTO Energy Inc. (XTO:US) surged 16 percent to $47.98 for the biggest rally in the S&P 500. Exxon Mobil Corp. (XOM:US) agreed to buy XTO Energy in an all-stock transaction valued at $31 billion. Exxon agreed to issue 0.7098 common shares for each common share of XTO, or about $51.69 a share. Exxon fell the most in the Dow Jones Industrial Average, sliding 3.9 percent to $69.98.

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