ExxonMobil buys Canada's Celtic Exploration

ExxonMobil buys Canada's Celtic Exploration

Energy giant ExxonMobil announced Wednesday that it was buying Canada’s Celtic Exploration for $3.1 billion including assumption of its debts.

Celtic shareholders will receive $24.5 a share, which represents $2.6 billion dollars for the some 105.6 million shares in circulation, the Canadian company said in a statement.

Breitbart Video Picks