Word: conoco
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...buildings of Deere & Co. in Moline, 111., and the additions to New York's Metropolitan Museum of Art, including the Temple of Dendur Pavilion, the Michael C. Rockefeller Primitive Art Wing and the Robert Lehman Pavilion. New corporate headquarters for Union Carbide Corp., General Foods Corp. and Conoco Inc. are nearing completion. Early this month plans were announced for redesigning New York's Central Park...
...towers-the Worcester (Mass.) County National Bank, for instance-loom large indeed. But while many big new buildings, in the name of progress, merely take, Roche's buildings give-pleasant plazas or little parks and improved working conditions. Union Carbide's complex is only four stories high. Conoco, near Houston, consists of three-story buildings clustered around an artificial lake. General Foods, in Rye, N.Y., in harmony with surrounding residential buildings, is seven stories high...
...into the battle early between U.S. Steel and Mobil for control of Marathon Oil. U.S. Steel last week seemed assured of victory in its takeover bid, estimated to cost $6.15 billion, the second largest corporate coupling in U.S. history. (The largest merger was the $7.5 billion merger of Conoco and Du Pont in 1981.) Workers began to prepare checks for the 17,000 selling Marathon shareholders just hours after Supreme Court Chief Justice Warren Burger gave a green light to U.S. Steel's offer of $125 a share for 51% of Marathon's stock. Two months...
...been ham-handed in its efforts to buy another oil company. Some industry observers blame its failures on the insistence of Chairman Rawleigh Warner and President William Tavoulareas that they plan their own tactics without consulting outside advisers. Mobil lost out to Du Pont in the contest for Conoco by coming in with a low bid. Its initial $5.1 billion offer for Marathon in October was also immediately denounced as "grossly inadequate" by the company's president, Harold Hoopman. Said a leading investment banker: "If Mobil had bid $126 a share from day one, instead of $85 a share...
...seeking new American supplies of crude, Mobil is trying to find the limits of the Reagan Administration's antitrust policy. Says Philip Dodge, an oil analyst for Donaldson, Lufkin & Jenrette: "Mobil is really testing how far it can go in bidding for another oil company. In going after Conoco last summer, it never became clear whether there would be any antitrust objections...