Exco CEo blames failure of buyout on ‘deal fatigue’

摘要

Houston—The CEO of Exco Resources onJuly 13 blamed the board of directors’ rejec-tion of his $4 billion buyout bid on “dealfatigue” and the pullout of a major investingpartner. “I will take responsibility,” CEO DougMiller said during an investor conference call.“It was deal fatigue; eight months is too longto go on.”