- 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.
BP shares higher on Exxon's rumored takeover interest
Recommended For You
About XOM Stock
Related Stocks
Symbol | Last Price | % Chg |
---|---|---|
XOM | - | - |
Exxon Mobil Corporation |