Exxon Mobil has dismissed claims by InterOil founder and former CEO Phil Mulacek that its offer for the company, worth more than $2.5 billion, "is vastly inadequate" and that the US supermajor should revise it (OD Jul.22'16). Although Exxon declined to comment specifically on Mulacek's statement, the company toldOil Daily that: "Exxon Mobil has submitted an offer to acquire InterOil Corporation, which we believe represents a superior proposal."
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