U.S. Steel Wins Marathon Oil Takeover Bid
U S Steel gains control of Marathon Oil Co in a 6.2 billion takeover after bidding 125 a share. Mobil Fuel Corp had sought to halt the deal but Justice Burger rejected the plea. The deal values Marathon as a key asset while a merger exchange delays full payment.
MENTIONED IN THIS ARTICLE
New York
Steel Corp
Marathon Oil Co
Mobil Corp
Mobil
du Pont Co
Conoco Inc
U.S. Steel
Marathon
US. Steel
Warren E. Burger
Burger
Public Information Office
John Flint
No. 17 Marathon
Nation Companies Pursue Marathon Buyout Amid Diversification
The Nation, Mobil, and a third firm clash over Marathon as they vie to diversify from steel. Mobil proposed an $86 per share bid for two-thirds of Marathon, valuing the deal at $5.1 billion, drawing Marathon’s early rejection as inadequate.
MENTIONED IN THIS ARTICLE
Mobil
Marathon
Hoax Calls Impede Dozier Search in Italy
Italian police suspect anonymous calls to newspapers were hoaxes aimed at hindering the hunt for Brig. Gen. James L. Dozier who was abducted December 17, 1981. A claimed body was found near Pescara but no trace of Dozier was uncovered as police searched the area. (Continued in UN debate on Israel sanctions.)
MENTIONED IN THIS ARTICLE
Rome
James L. Dozier
Red Brigades
Dozier
Pescara
Italy
Padua
Il Messaggero
Verona
Fierce Weather Cripples Poland
Blizzards pummel northern Poland shutting harbors and crippling rail service across the country. Winds topple power lines and passengers are taken to safety after a snowbound train on the Hel Peninsula, the PAP news agency reports.
MENTIONED IN THIS ARTICLE
Poland
PAP
Hel Peninsula
Also Mentioned on This Page
U.S. Steel Bests
Marathon Purchase
Tion
Texas
Syria
United Nations
U.S
U.N
Israel
Golan Heights
Dia-Allah el-Fattal
U.N. Security Council
El-Fattal
James Dozier
Lowe’s
SignaLock Electronic
Lowe's Credit
Esanyo
DORF
Lowe's
Lowe's Companies, Inc
The
Associated Press
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