Who Will Buy InterOil? Exxon has the Upper Hand

Reuters The mystery bidder against Australia’s Oil Search in the bid for InterOil (IOC) has been identified as Exxon Mobil (XOM). And it looks like the U.S. oil giant now has the upper hand in the takeover tussle. Late Sunday, IOC confirmed that the unsolicited offer it received on June 30 was made by Exxon, […]