Word: biddings
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...Numbers 73% Percentage of Americans who oppose the bid by China's CNOOC to acquire U.S. oil company Unocal, according to a Wall Street Journal/NBC News poll...
...million Winning bid for a 14th century porcelain jar at Christie's auction house in London, a new record for an Asian work...
...should strike American cities with nuclear missiles if the U.S. came to the aid of Taiwan in a war with the mainland seemed particularly ill-timed. Beijing's relations with Washington have deteriorated in recent months over trade frictions, fears of a Chinese military buildup, and concerns that a bid by Chinese oil company CNOOC to buy U.S. energy firm Unocal threatens national security. So it came as a shock when People's Liberation Army (P.L.A.) Major General Zhu Chenghu, 53, told a group of foreign reporters in Beijing that "if the Americans draw their missiles and position-guided ammunition...
...much higher might the two companies vying for Unocal go? Fu said in an interview last week that his "board is determined to win this bid," a statement some interpreted as a sign that CNOOC will counter a higher Chevron offer. Unocal last week told CNOOC executives that its board might still be open to a merger with the Chinese company if CNOOC meets certain conditions, including shedding some of Unocal's American assets to appease political opponents worried about the loss of domestic U.S. reserves. Directors Courtis and Henkes have been pushing this idea for months, banking sources...
...TIME's sources, CNOOC's CEO may also decide to bring in a U.S. partner to help shoulder some of the risk and defuse the anti-Chinese political atmosphere. A spokesman for CNOOC denies that this option is being considered?"we're full steam ahead with our current bid"?but some analysts believe bringing in a partner would have been the wisest course from the start. If it happens, it may also be a signal that in the midst of a historic transpacific takeover bid, CNOOC's management and its board may finally be on the same page...