The rumor of Exxon buying BP has been around for years, especially after BP's fall from grace during the oil spill. While the acquisition may make sense for Exxon, would such an acquisition ever make through regulatory/antitrust approval? BP stock is owned by nearly every pensioner in the UK. Handing control to an American company would be a tough sell to the UK and its citizens.
Thoughts?
Submitted March 16, 2017 at 01:07PM by ThomasPorter http://ift.tt/2mTyzdO
