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Spec29

09/03/09 6:04 PM

#178204 RE: doubleaa #178192

If it is "subject to" a contract has been signed...

otherwise, no signed contract means it's an informal discussion and the potential purchaser can walk or do anything he wants including not inspecting the asset in the first place.

The value of the asset and the size of the company you are talking about has a lot to do with it, also.

A multi-million dollar asset to XOM is highly irrelevant.