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Australian Broadcasting on deal

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Australian Broadcasting on deal
jft310 Offline
What I Hear.......
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#1
05-20-2016, 03:40 PM


http://www.abc.net.au/news/2016-05-20/oil-search-takeover-interoil-for-over-2b/7431756?section=business 

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Tusker Offline
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#2
05-20-2016, 04:06 PM
The last sentance says it all.
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jft310 Offline
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#3
05-20-2016, 04:35 PM
In October, Oil search rejected an $11.6 billion takeover bid made by Woodside Petroleum, saying it was "highly opportunistic and grossly undervalued the company"

And when chips hit the BOD of Interoil folded .
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Putncalls Offline
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#4
05-20-2016, 04:47 PM
And if 34% of the shareholders vote against this deal? The BOD says "just sayin"?
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Stavros Offline
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#5
05-20-2016, 06:38 PM (This post was last modified: 05-20-2016, 06:39 PM by Stavros.)
The IOC BOD should make a proper deal on behalf of IOC shareholders:

+ 25% of the merged company instead of 14%
+ CVR payment of US$ 1.00 per mcfe; not US$ 0.77 per mcfe
+ A floor on the CVR payment of $30.00

Mr Civelli made it tough on OSH/IOC for 12+ months by filing a claim
WE CAN DO THE SAME THING IN THE YUKON COURTS
Drivel Maven with Personality
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