https://www.digitaljournal.com/pr/news/vehement-media/berkshire-hathaway-acquire-occidental-petroleum-112390417.html#google_vignette
7 replies (most recent on top)
I just don't see this as happening. Vicki would leave a legacy of ruining Oxy a 105 year old company and selling it cheap at 50.00 to 60.00 a share. Oil prices increase overnight as we see all the time, and Oxy stock price usually follows. All it takes is tight supply or war in the middle-east, Europe, and oil will spike again and Oxy stock as well. It would be very short-sighted to sale on the cheap even if BH took the compnay private. The article might just be out there to start a rumor and try and move Oxy stock up now. Thins about that is the SEC might not thing highly of that, so that makes me think soemone might know something, but only time will tell. There are no major news outlets even reprinting the article which they usually do if there are any truth to such an article. Also, wht would BH not just hoard up on all the stock they can and but the company as a whole with OxyChem attached. They could always sping OxyChem off after they too control of Oxy overall.
PiPEr AlPhA aTE My BaBY
This is BS. Fake News. 50 dollars or even 60 dollars a share is too low. Should be at least mid 60’s.
Assume website and articles are fake, no other reports from a reliable source anywhere... seems and smells like FakeNews to me
I wonder who this "Piper Alpha" guy is... seems a nice guy to run by at the DMV, probably not without a little show. One of those unhireable guys....
I can only find this article and nothing else. This seems unlikely because Buffett could of bought the whole company before OxyChem and just spun it off.
Can't get the link to work. People at Oxy asking 'Did Christmas come early'? What happened? You people do another Piper Alpha?