Exxon's ext takeover target may be OSH, page-4

Exxon offer is not higher. There is confusion.
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If OSH offer today same as Exxon did ($45/Share converted to OSH) plus CVR, only difference is CVR value above 6.2 TCF which is around 12% higher than OSH/TotalSA offer which does not affect OSH, that affect TotalSA.
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My assessment is OSH, TotalSA and Exxon Joint bid. That's why Exxon threw the Ace Card by forcing OSH and TotalSA to bring them back to negotiation table.
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Stock price should Rocket up once deal is finalised.