Looks like a deal may be in the works? What kind of premium would be justified?
buying DVN... Exxon or Chevron? 19-Aug-10 11:32 am Looks like a deal may be in the works? What kind of premium would be justified Well XOM just finished the purchase of XTO so of the two choices i`d say it would be CVX.
If a deal is in the works it's not very close with a director buying stock in the open market last week. If something was close, he would have been shut out from buying.
Will be bought for $95 a share
Love the speculators.....premium NA Independent......strong mgmt....strong board....strong balance sheet....survives alone.