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re: Chevron’s $53 Billion Deal for Hess in Jeopardy on Possible Exxon Challenge
Posted on 2/27/24 at 7:26 am to ragincajun03
Posted on 2/27/24 at 7:26 am to ragincajun03
Yeah I edited quick! Misread
1
Posted on 2/27/24 at 7:29 am to CatfishJohn
Chevron likely knew about it but wagered Exxon wouldn't want to expend the cash with them currently trying to push through/swallow the Pioneer merger. Worst Case CVX walks away with a 2.7 Billion fee akin to what they pulled with Oxy and goes somewhere else. Calculated Risk.
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