Edoardo Cignoli : TNK-BP Rises on Rosneft Offer

Russian state oil company Rosneft said it would offer around $1.5 billion to buy out minority shareholders in TNK-BP subsidiary, sending TNK-BP stock higher even though investors had hoped for an offer almost twice as high.



via WSJ.com: US Business http://online.wsj.com/article/SB10001424052702304373104579106792988857408.html?mod=pls_whats_news_us_business_f