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If you vote no, be willing to accept the outcome.
#3

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Additionally, IOC/Exxon deal is quite unlike the Hershey/Mondelez deal, in that IOC is the ONLY place that Exxon can realistically find the gas to support expansion of PNGLNG. If, by happy chance, the NO votes win, Exxon has plenty of room to sweeten the deal while still stealing IOCs assets for a song. If NO wins, then Exxon need not be constrained by having to have a superior bid to the OSH/Total deal and can then simply put an all-share offer on the table, without any contingencies. If they put it in the range of $65-75, that bid would get passed with no problems, in my opinion.

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In my opinion, you are quite right.

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RE: If you vote no, be willing to accept the outcome. - by thg - 08-30-2016, 06:47 AM

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