07-20-2016, 10:34 AM
Example / Exxon's bid is public and voted Superior therefore a no vote on the inferior bid from OSH makes sense , Mr Market would not drop a stock price for turning down an inferior offer , Mr market will bid up the Superior bid. As they did with Exxons bid .
On the 21st the BOD may have a decision to make between an improved OSH deal and the Exxon deal . If the OSH new deal is voted Superior to Exxon a new vote will be scheduled . Shareholders get a vote. At anytime Exxon can bid again and Total can also at any time offer a Superior bid without OSH . With a BOD vote it's Superior we start the 30 day clock again .
Seems inevitable someone offers a Superior offer to Exxon . I doubt very seriously if this ends this week . My opinion
On the 21st the BOD may have a decision to make between an improved OSH deal and the Exxon deal . If the OSH new deal is voted Superior to Exxon a new vote will be scheduled . Shareholders get a vote. At anytime Exxon can bid again and Total can also at any time offer a Superior bid without OSH . With a BOD vote it's Superior we start the 30 day clock again .
Seems inevitable someone offers a Superior offer to Exxon . I doubt very seriously if this ends this week . My opinion