$40B Oxy buys $40B Anadarko and Oxy is now worth $40B! What’s your next move VH & Hawaiian shirt puppet?
7 replies (most recent on top)
CVX is in danger of being taken over Exxon!
CVX has internal problems and cannot buy OXY
Nobody wants your lousy company.
If CVX buys OXY, their management will be run-out-of-town. The time to buy OXY is when its in Chapter 7 and the Board fires all executives.
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ConocoPhillips May buy us
Funny!!!! But financially wrong. Yes. CVX could absorb Oxy for a fraction of the market cap of the un merged companies. But you forget that VH levered Oxy to the tune of 52 bn. Who would absorb something worth 30 bn to owe an additional 52? Crazy. Chapter 7 is a cheaper option