Yukon Supreme Court has approved deal

[Palm]

IOC PR states deal has been approved.

[Stavros]

IOC PR states deal has been approved.

Supreme Court of Yukon Approves  ExxonMobil Transaction 
 
Singapore and Port Moresby, February 20, 2017: InterOil Corporation (NYSE: IOC, POMSox: IOC) today announced that the Supreme Court of Yukon has granted a final order approving the arrangement between InterOil and Exxon Mobil Corporation (NYSE: XOM) ( “ExxonMobil” ). The arrangement was approved by more than 91% of the shares voted at a Special Meeting on February 14, 2017 and has now received all necessary approvals.  InterOil and ExxonMobil expect the transaction to be completed this week.    

[Palm]

Rumor has it that one person in the whole world who voted Know, did not dissent and will get $90/share.

Arrrrrrrrrrrrgh!!

[Stavros]

Why would that be a legitimate and legal outcome??

[Palm]

It's for Sageo; he deserves it.

[Stavros]

Yes, he indeed would deserve a larger payout for being a Gentleman and a Scholar for all these years.

[bpjensen]

Now that the deal is approved, has anyone done the calculation of the xom pps that will be used for payment?

[Kaliboo]

Now that the deal is approved, has anyone done the calculation of the xom pps that will be used for payment?

 This posting has an Excel file attached that I used to generate the value.  Haven't looked at it in a few months.  Since the price has been falling, the VWAP will be HIGHER than the last price in the calculation period.  That means your $45 in XOM shares, if sold, will not buy $45 worth of current XOM shares.

http://shareholdersunite.com/mybb/showthread.php?tid=11248&pid=76464#pid76464

[johnwgrant]

My crude approximation of the average price of XOM over the last 10 days is $82.50. WARNING: this is just a simple average of the closing price for the 10 trading days ending last Friday. It is NOT the VWAP for those 10 days. However, it should be close enough an approximation.

My question is: Will we have advance notice of the closing date of the deal, or, are they going to tell us after the fact: "It closed last night at midnight!!!" ???

[Getitrt2]

Anyone have any indication as to whether Mulacek might appeal again?