The Federal Trade Commission is set to approve Exxon Mobil's $60B acquisition of Pioneer Natural Resources with minor concessions, though Politico suggests it may hinge on Pioneer's founder not joining Exxon's board due to allegations of collusion.

Genuine Parts Company (NYSE:GPC) acquires Motor Parts & Equipment Corporation (MPEC), the largest independent owner of NAPA Auto Parts stores in the U.S., to strengthen its U.S. Automotive business.

Masonite (NYSE: DOOR) gained 0.8% as the HSR waiting period expired for its $3.9B sale to Owens Corning (NYSE: OC), expected to close next month.

Skydance Media presents its "best and final" offer to merge with Paramount Global, with concessions from the Redstone family and David Ellison to address concerns of smaller investors, amid reported opposition from other stakeholders and impending CEO Bob Bakish's potential ousting.