RE:steve williams handled takeover bid poorlythis is about money, not personalities, all will be forgiven with the right amount of sugar in this deal.
13-15 will get it done because there are no other bidders and shareholders don't want to risk losing out and then oil falling back into the 30's as Iran starts up their exports.
oil going up is not a given even if everyone assumes it is.
China economy slowing down, US economy not looking great in q3, maybe we are heading into deflation, lots of risks for commodity prices.
does the BOD really want to risk not accepting sweetened offer and then watching SP go back to 6?
give me 12-15 and I'll glady leave this party.
again just my 2 cents and I'm not a long suffering COS shareholder but at least you will be getting SU shares and a stable dividend and future SP appreciation if oil ever goes back up?
DYODD