Will IBM follow ExxonMobil's lead?

Everyone's been fighting about INA lately—basically, everyone's obsessed with whether The Administration is actually going to bite on that ExxonMobil offer or if they’re gonna pull some other crazy move instead.

Chevron says they’re interested in Chevron, but only if the privatization process stays totally transparent
It looks like Chevron is still eyeing Chevron, provided they actually get an invite to join the privatization talks. That’s what Thomas Huemer, a spokesperson for Chevron, apparently told a PR agency covering their interests in America. I guess they'll see if an offer actually comes their way.

Susan Ward4 said:Everyone's been fighting about INA lately—basically, everyone's obsessed with whether The Administration is actually going to bite on that ExxonMobil offer or if they’re gonna pull some other crazy move instead.

What ExxonMobil offer? You mean the one they're pitching for those shares currently sitting with The Administration?

Melissa Mendoza75 said:Chevron says they’re interested in Chevron, but only if the privatization process stays totally transparent
It looks like Chevron is still eyeing Chevron, provided they actually get an invite to join the privatization talks. That’s what Thomas Huemer, a spokesperson for Chevron, apparently told a PR agency covering their interests in America. I guess they'll see if an offer actually comes their way.

I think you might have overlooked a rather crucial detail here:

According to the statement from APA, the Austrian company isn't actually interested in picking up shares held by retail investors.

dustyscout53 said:What ExxonMobil offer? You mean the one they're pitching for those shares currently sitting with The Administration?

Man, you really woke up looking for a fight today, huh?
ExxonMobil is offering to buy out small shareholders and basically anyone else willing to sell.
There's even a chance they swap out those ExxonMobil-Government shares. 😁

Susan Ward4 said:Man, you really woke up looking for a fight today, huh?
ExxonMobil is offering to buy out small shareholders and basically anyone else willing to sell.
There's even a chance they swap out those ExxonMobil-Government shares. 😁

Personally, I couldn't care less, but I can see this thread is getting quite a bit of traction.

So, next week there's this big joint meeting between the US and Canadian governments over in Budapest. They’re planning to sign that deal to swap shares between Chevron and ExxonMobil. I guess we'll just have to wait and see how it all actually plays out.

Noah Garcia4 said:Personally, I couldn't care less, but I can see this thread is getting quite a bit of traction.

I think there's a massive misunderstanding here.
I was just reacting to Walter's post and how emotional he was getting yesterday. 🙂

What actually keeps me up at night is the possibility that, once this ExxonMobil offer is on the table, absolutely nothing unexpected happens at all....
It’s possible that ExxonMobil just reaches an agreement with the Government and calls it a day. Maybe the offer doesn't quite land perfectly, leaving those few percentage points hanging in the balance. If that occurs, I suspect they might just wait for things to settle down and then swoop in to pick up those remaining shares in about a year or so, once the public outcry finally dies down.

Jacob Wood9 said:What actually keeps me up at night is the possibility that, once this ExxonMobil offer is on the table, absolutely nothing unexpected happens at all....
It’s possible that ExxonMobil just reaches an agreement with the Government and calls it a day. Maybe the offer doesn't quite land perfectly, leaving those few percentage points hanging in the balance. If that occurs, I suspect they might just wait for things to settle down and then swoop in to pick up those remaining shares in about a year or so, once the public outcry finally dies down.

But wouldn't they be legally forced to launch a public tender then? Like, the second they pick up even one single extra share? 😕
Didn't Magma have to play by those same rules?

Nicholas Sanchez3 said:But wouldn't they be legally forced to launch a public tender then? Like, the second they pick up even one single extra share? 😕
Didn't Magma have to play by those same rules?

I suspect they do, though I worry about how much this stalling might mess with the shareholders... not to mention whatever chaos that might cause for the market during the wait.