Word: kellers
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...would pay $5.7 billion for Superior Oil (revenues: $1.8 billion). It was Big Oil's third megadeal in as many months and came only six days after Standard Oil of California had bid $13.2 billion for Gulf in history's biggest takeover. Sighed Socal Chairman George Keller: "Some people who aren't concerned about two mergers will say that three is too many...
...launched a counterattack. At a congressional hearing last week, oil company executives denounced the measure. Said Gulf Chairman James E. Lee: "The moratorium would be devastating for Gulf. It would put us in limbo." Added Socal's Keller: "It would be a case of trying to solve a nonproblem with a sledgehammer." Mobil's Tavoulareas sent telegrams to all 535 members of Congress urging that Mobil's purchase of Superior Oil not be stopped...
...biggest corporations. After seven hours the winner was announced: Standard Oil of California, best known for its Chevron gas stations, whose cash bid of $80 a share, or $13.2 billion, became the most ever paid for one American corporation by another. Said Socal Chairman George Keller, 60, after it was over: "It's more than I would have liked to have spent, but I was in a poker game and couldn't see the other players...
...Review affects ILs in a big way," says Susan E. Keller '83, a coordinator of the IL protest. The weight it attaches to grades compounds the already considerable academic pressures of the first year, she adds...
...once the tallest building between New York City and Chicago. Last week the 52-year-old landmark was pumping out a veritable gusher of rumors and speculation. The excited talk was caused by the arrival in Pittsburgh of Robert O. Anderson, chairman of Atlantic Richfield, and George M. Keller, who runs Standard Oil of California. The purpose of their separate visits: to determine, in meetings with Gulf Chairman James E. Lee, if deals could be arranged to buy Gulf, the U.S.'s fifth-largest oil company. A Gulf purchase by either firm could easily be the biggest corporate takeover...