- A rumor making the rounds today is a purported interest by Exxon Mobil (XOM -0.2%) in a takeover of BP (BP +0.5%).
- Such gossip is not new, the Telegraph points out; following the 2010 Gulf of Mexico disaster, BP frequent was rumored to be vulnerable to a takeover, with XOM named as a potential predator.
- As far-fetched as a deal sounds - why would XOM or anyone else want the aggravation? - BP shares are higher in a weak market.
From other sites
at MarketRealist.com (Mon, 5:05PM)
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The Zacks Analyst Blog Highlights: Exxon Mobil, Chevron, BP, Royal Dutch Shell and TOTAL - Press Releasesat Zacks.com (Mar 19, 2015)
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