History's Biggest Merger.
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| Title: | History's Biggest Merger. |
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| Authors: | Alexander, Charles, Beckwith, David, Ungeheuer, Frederick |
| Source: | TIME Magazine. 7/20/1981, Vol. 118 Issue 3, p48-50. 3p. |
| Subjects: | Mergers & acquisitions, Conoco Inc., E.I. du Pont de Nemours & Co., Jefferson, Edward, Bailey, Ralph |
| Abstract: | The article offers information on the possible merger between Conoco Inc. and Du Pont & Co. It is stated that on July 4, 1981, Du Pont chairman Edward Jefferson and Conoco chairman Ralph Bailey had a meeting in which they sealed the agreement on the merger. As stated, Du Pont will pay around 7 billion dollars in cash and stock for Conoco. However, the merger is not certail as the deal has to be accepted by stockholders of both the companies. |
| Database: | Engineering Source |
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| Abstract: | The article offers information on the possible merger between Conoco Inc. and Du Pont & Co. It is stated that on July 4, 1981, Du Pont chairman Edward Jefferson and Conoco chairman Ralph Bailey had a meeting in which they sealed the agreement on the merger. As stated, Du Pont will pay around 7 billion dollars in cash and stock for Conoco. However, the merger is not certail as the deal has to be accepted by stockholders of both the companies. |
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| ISSN: | 0040781X |
