Could IOC have opened the data room and put the company up for sale, considering all bids?  It looked like IOC was actually trying to avoid bids while they were putting together this deal with OSH.  Being uninformative and trying not to stir up interest.   If so, why?  Does Hession have, as rumored, a route to CEO of OSH?  Or is the PNG government calling the shots?  Whether the terms are fair to shareholders or not, IOC behavior prior to the announcement of the takeover seems rather unusual.