Word: socal
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Dates: during 1960-1969
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Sinclair stayed long enough to pluck Richfield out of the expectant hands of Standard Oil of California. Unable to outbid SoCal by himself, he teamed up with Manhattan's Cities Service Co.; between them, the two eastern oil companies and their subsidiaries eventually bought up 62% of the stock in the reorganized Richfield Oil Corp. Last week. 26 years after the deal went through, the Justice Department hauled Richfield. Cities Service and Sinclair Oil into Los Angeles federal court to answer a civil suit alleging violation of the antitrust laws...