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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OSH can match XOM for $0.75 plus a slightly sweetened CVR
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07-19-2016, 12:39 AM
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.
07-19-2016, 12:39 AM
'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.
07-19-2016, 12:42 AM
True, plus more time.
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