Exxon Wins Shareholder Backing for Legal Move to Texas
HOUSTON, May 27 (Reuters)—Exxon Mobil shareholders on Wednesday approved the company’s plan to redomicile in Texas, marking a win for the top U.S. oil producer after two leading…
Written byAl PerrottaSource: The Daily Signal
HOUSTON, May 27 (Reuters)—Exxon Mobil shareholders on Wednesday approved the company’s plan to redomicile in Texas, marking a win for the top U.S. oil producer after two leading proxy advisory firms advised investors to strike down the proposal. The oil producer is incorporated in New Jersey, but the company has been headquartered in Texas since...