07-10-2013, 08:47 AM
My view is simple. XOM has not denied the negotiation. O'Neil has enthusiastically supported the marriage. A good number of successful people on the Board of Directors would need to seek another country to live in based upon their public statements. A number of very large financial institutions would have an incredibly black eye. (The last one isn't so important as they've already established in 2008 they could be gamed). And Tilson has timing delays as his strongest arguement.