The firm behind a $450 billion bid for the world's top oil company is run from an $150-a-month apartment in the outskirts of the Chinese capital.

Exxon dismissed the bid from King Win, a company incorporated in New Zealand with an apparent history of making unsolicited offers for large companies.

[Editors Note: I also saw another article since removed stating that a Russian company is also interested in buying American companies but not yet.]

I found the story at another site about the Russian company interested in purchasing American oil assets: Russian energy giant targets U.S.

<a href="http://www.gazettetimes.com/articles/2005/11/01/news/business/monbiz04.txt"> gazettetimes</a>

BostonGlobe