Sydney Morning Herald | Oil Search rejects Woodside's $11.6b bid Sydney Morning Herald "Following a detailed evaluation of the proposal, the board has concluded that the proposal is highly opportunistic and grossly undervalues the company," said Oil Search in a statement. "Since receiving the proposal, the company has undertaken ... Oil Search Rejects Woodside's $8 Billion Offer as Too Low Oil Search ready to rebuff Woodside takeover offer Oil Search rejects Woodside's $8 billion takeover plan |