12-16-2016, 12:35 AM
'johnwgrant' pid='78407' datel Wrote:Even if they get a new "paid-for-with-cash" fairness opinion, didn't the court find that the shareholders were asked to vote without adequate information!?!? So, would this not require a re-vote (with more information being provided) ??? One week is not enough time for much of anything....
Agreed, I'm not quite a cynical as Ollie, I would have to agree that they are getting their ducks in a row, and that sometime in the next 6 days they will come out with an announcement about a new date, and they will provide a new MIC that will contain the new fairness opinion, etc.
However, if the numbers are not significantly north of the last offer, I will be dissenting once again.
Why?
1) Total payment is much closer now
2) LNG price is higher
3) Oil price is higher
4) XOM need some good news to take to their shareholders, especially in the light of additional coming resource write-downs they are going to have to make.