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Spec29

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Spec29

Re: walldog0 post# 29044

Tuesday, 03/07/2006 10:40:35 PM

Tuesday, March 07, 2006 10:40:35 PM

Post# of 363163
It would be tough for CVX/XOM to buyout Addax...

Addax is majority owned by Addax and Oryx which is privately held. Sure, they could buy shares on the open market but they still wouldn't have majority control.

We all know XOM has more money than God. The question is, do they want to buyout Addax and Oryx and get rid of the business segments they do not wish to be in?

A wise man never plays leap-frog with a unicorn.

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