secwatch.observer — SEC 8-K summary
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Issuer:     EXXON MOBIL CORP (XOM)
CIK:        0000034088
Form:       8-K
Filed at:   2023-10-20T23:59:59+00:00
Accession:  0001193125-23-260004
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

ExxonMobil: J.P. Morgan, TPH&Co. each get ~$42.7M fee for Denbury deal
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- J.P. Morgan and TPH&Co. each entitled to ~$42.7M transaction fee including $3M opinion fee.
- PJT Partners to receive $3M for its fairness opinion on the merger.
- Denbury special meeting to vote on acquisition scheduled for October 31, 2023.
- Based on exchange ratio of 0.840 XOM shares per Denbury share and XOM close of $113.02 on Oct 19.
- Fee disclosure comes ahead of stockholder vote on the deal.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/34088/000119312523260004/0001193125-23-260004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/34088/000119312523260004/d564047d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-260004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer