07-20-2016, 12:24 AM
(07-19-2016, 11:23 PM)Tree Wrote: IOC is being sold. No way around it.
Supporting every 'Superior' proposal creates tension and forces all bidders to work toward their ultimate best offer.
XOM came in ONLY because the OSH 'starter' bid which had shareholder support.
Voting against incrementally better bids is suicide.
I'm trying to follow you here. Tou are suggesting voting yes on each subsequent bid prompts another bid correct?

