Thread regarding Occidental Petroleum Corp. layoffs

Over/Under

What’s everyone’s best guess on a price VH wouldn’t say no to and take her golden parachute down to Galveston Bay and do a little kayaking? 30B? 40B?

by
| 1441 views | | 3 replies (last March 16, 2020) | Reply
Post ID: @OP+13ZvjRen

3 replies (most recent on top)

  1. 3T
by
| | Reply
Post ID: @1sfk+13ZvjRen

If the company has market cap of 12.5 B today then anything in 30-50% gain should be considered for negotiations. Basically 20B is more than enough. The problem will be that whoever buys will need to assume current liabilities which is over 60B.

There are few that can handle this type of deal and likely such an effort is capable of bringing down any of the supermajors. If we learned something from the last year's investing 101 lesson is taht the market doens't like this type of mergers.

Will not be surprised if there is another VH clone out there willing to flying to Omaha and get the loan from the oracle. He has the cash for this type of deal and who knows what will be the % on the loan.

by
| | Reply
Post ID: @neu+13ZvjRen
  1. 2T
by
| | Reply
Post ID: @zhk+13ZvjRen

Post a reply

: