From daly and kashkari. Plus, exxonmobil agrees to buy pioneer. Its about a 60 billion all stock deal. We will, of course, give you the latest. Its another big test for the ipo market this morning. Shoe brand birkenstock making its public debut thats how they pronounce it right here at the nyse. Ceo is going to join us here at post nine in the next hour. Lets start with that massive deal in the energy sector. Exxonmobil agrees to buy pioneer. The price tag, 253 a share. Its all exxon stock, so in this case, when exxon moves down, the overall value of the deal is impacted. Therefore, it is no longer 253 but not that far off from that price. They are talking about significant synergies, as much as 2 billion total annual average value over the next decade. 2. 3234 exxonmobil shares, its an 18 premium. Little background that i got, jim, and obviously want to get your take. You know this company, pioneer, so well. My understanding is having spoken to people familiar with the old situation,
Softer real net recognizing myself for our Opening Statements i will recognize other members and for those witnesses those prepared statements are made as part of our records with those statements and questions for a the record we have many members of the subcommittee on the Judiciary Committee ancestral important track up happening as we speak and we appreciate the time they can scare to culvert for lahood. Last month that subcommittee convened on those opportunities of the United States and saudi arabia but today we focus on the relationship and their relationship with the neighbors. It is important to note this rift is not new. Former senior level official of the Treasury Department stated earlier this month saudi arabia have fought for years with those actions against the of financiers and they will continue to operate. Then of course there is khalifa mohamad who is a u. S. Come in you designated International Terrorist for his role in financing al qaeda and the 9 11 mastermind. In
President , well now they better really worry about it. American history tv, all weekend, every weekend on cspan 3. Six arab countries including saudi arabia and egypt have cut ties to the nation of qatar. A house subcommittee held a hearing on the issue earlier this week. Its two hours, 20 minutes. Subcommittee will come to order after recognizing myself for ourow statements, i will then recognize other members seeking recognition for one minutet. You will then hear from witnesses and without objection, witnesses your prepared statements will be made a part of the record and members will have five days to insert statements and questions for the record subject to the length limitation in the rules. We have many members of our subcommittee who are also on the Judiciary Committee including Ranking Member doich. You might see a lot of members moving back and forth, and we appreciate the time they can spare coming here. Last month this subcommittee convened a hearing on the challenges and
[gavel] the subcommittee will come to order. Myself andnizing Ranking Member deutsche for five minutes each opening statements, i will been recognized other members seeking recognition for one minute. We will then hear from our witnesses, and without objection, witnesses, youre prepared statements will be made a part of the record, and members may have five days to research statements and questions for the record. Subject to the length limitation in the rules. We have many members of our subcommittee who are also on the judiciary committee, including Ranking Member deutsch, and it is an important markup happening as we speak, so you might see a lot of members moving back and forth, and we appreciate the time they can spare to come over here. Thank you, mr. Deutsch. The chair now recognizes herself for five minutes. Month, this subcommittee convened a hearing on the challenges for the United States saudi arabia bilateral relationship. Today, we focus on the u. S. Qatar relationship, and
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