Reaching for Conoco's Riches.
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| Title: | Reaching for Conoco's Riches. |
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| Authors: | Alexander, Charles, Beckwith, David, Ungeheuer, Frederick |
| Source: | TIME Magazine. 7/27/1981, Vol. 118 Issue 4, p50. 3p. |
| Subjects: | Mergers & acquisitions, Conoco Inc., E.I. du Pont de Nemours & Co., Bailey, Ralph, Tender offers, Stock prices |
| Geographic Terms: | United States |
| Abstract: | The article reports that energy company Conoco Inc. and U.S.-based chemical producer Du Pont have decided to merge. After five days of negotiations between Conoco Chairman Ralph Bailey and Du Pont Chairman Edward Jefferson, the two companies agreed to merge. Jefferson offered 7.3 billion dollars, or an average price of 84.20 dollars per Conoco share for the deal. |
| Database: | Engineering Source |
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| Abstract: | The article reports that energy company Conoco Inc. and U.S.-based chemical producer Du Pont have decided to merge. After five days of negotiations between Conoco Chairman Ralph Bailey and Du Pont Chairman Edward Jefferson, the two companies agreed to merge. Jefferson offered 7.3 billion dollars, or an average price of 84.20 dollars per Conoco share for the deal. |
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| ISSN: | 0040781X |
