Unocal Rejects Chinese Offer
Turns out, the Unocal board made a decision to accept Chevron's $17 billion bid rather than a higher offer by China's third-largest oil company. http://www.msnbc.msn.com/id/8462749/
Could it be that a large U.S. company is finally putting wisdom over profit?
Get out...soon we'll have departing CEOs saying, "No, I can't take that 32 million just to go away. No one's worth that kind of money, particularly not someone like me, who actually left the company poorer than when I started."
I think there's more chance of Big Foot showing up in Times Square, sipping a frappacino.
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