01-26-2013, 09:24 AM
'johnwgrant' pid='16611' datel Wrote:BTW, the lever/option a Super-Major has is they can offer part of their purchase price in Company Stock... As some have mentioned before: They would take 3 shares of CVX stock for 2 shares of IOC... There are tax advantages too for us shareholders: in a stock swap, we can elect to defer the capital gains by not selling the stock received until a future tax year....
John-- I had suggested that a week or two ago, but someone on the mb replied that they would take that only if it was accompanied with 400 dollars in cash . I wanted to tell them that the SMs didn't get to be SMs by paying full value for the assets they purchased, but I never got around to it. Maybe the poster has re-thought the situation. A 3.5 percent regular dividend ain't bad in today's world. GL to us.