Word: texaco
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...Giant Texaco offers $9.9 billion to Getty Oil's feuding owners...
...bitter struggle between Gordon Getty, amateur composer and opera singer, and the defiant managers running Getty Oil, the cornerstone of the empire built by the late Jean Paul Getty. As the battle developed, both sides resorted to intrigue and duplicity worthy of the Medicis. But late last week, giant Texaco unexpectedly entered the picture and seemed likely to emerge the winner by offering to buy up Getty Oil for about $9.9 billion. The deal, subject to stockholder approval and a green light from Justice Department antitrust lawyers, could be the largest takeover in U.S. history (previous record holder: Du Font...
...alleged price rigging of Persian Gulf crude flowing into the U.S. Later the case was narrowed to the four U.S. majors who owned and operated Aramco, the Arabian American Oil Co., which pumps Saudi Arabian oil. Last week the Government dropped the case, saying that the firms, Exxon, Mobil, Texaco and Standard Oil Co. of California, no longer had a major influence on the world price of oil. Yawned an Exxon aide: "We'd almost forgotten about...
...center of all this to-do is Milton Berle, a jack-of-all-turns vaudeville comic who has gone into television and won a bright new feather for his very old hat. In a space of eight months, Berle's Texaco Star Theater (Tues. 8 p.m. E.D.T., NBCTV) has made him the undisputed No. 1 performer on U.S. TV. His show is a weekly catchall of the things the 40-year-old comic has learned in 35 hard-working years in show business. Berle uses not only his brash, strongbow-shaped mouth to get off his loud, fast, uneven...
...Texaco...