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OSH can match XOM for $0.75 plus a slightly sweetened CVR
#1
At today's closing OSH price and exchange rate, OSH original bid is worth $44.25 per IOC share. If they rebid today, they can be back on top for peanuts.
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#2
Don't shoot the messenger. XOM's fixed $45 is better than floating with the AUX and exchange rates, but I wouldn't put it past them to "match" XOM with a basically unchanged bid.
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#3

'AU74' pid='74107' datel Wrote:At today's closing OSH price and exchange rate, OSH original bid is worth $44.25 per IOC share. If they rebid today, they can be back on top for peanuts.

That just gets them a bigger XOM bid.

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#4
True, plus more time.
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