Do we get another bidder ?
Odds seem slim .
Will the Exxon bid pass a vote ?
All funds will vote yes . Many retail investors will not vote . Measure will pass.
Will there be a lawsuit after the deal ??
Can a Breach of Fiduciary Respondsibility be proven ??
That will be up to the lawyers , My opinion there is a probable Breach . Just one item . Hession had a conflict of interest .
Best plan would have been to sell just E/A keep the rest . Receiving zero for other assets is nuts . Even with
Hessions employment contract he had an obligation to protect shareholders , His first interest was not to collect on his
employment contract but to do the best by shareholders . He clearly failed to protect shareholders as did the BOD .
Would the price be different with or without the other assets ? It's criminal to get zero for assets but collect on those assets your
self .
What to do .?! If you vote yes you get Exxon shares plus a payment , The funds will vote yes so the deal passes .
If you vote no there is a real possibility of a Breach lawsuit . The only people who collect in a successful Breach lawsuit are
those that vote no .
Therefore we will vote no , collect our Exxon shares and payment and wait for the lawyers to do what they do,