Seagram bids record U.S. takeover for Conoco at 73 a share
Seagram Co chairman Edgar Bronfman offered $2.55 billion for 40.7 percent of Conoco Inc., proposing the largest takeover of a U.S. enterprise by a foreign company. The bid follows Bronfman’s 1970s rise and Conoco rebuffs aided by Shearson Loeb Rhoades and Mark Millard.
MENTIONED IN THIS ARTICLE
Conoco Inc
United States
Bronfman
Conoco
Seagram
Conooco
Edgar
Charles
Canada
Mark Millard
Shearson Loeb Rhoades
Dome Petroleum Ltd
Dome
Hudson Bay Oil and Gas Co
Ottawa wins oil fight as Alberta pushback grows
Ottawa asserts control over Canada’s oil sector under the National Energy Program. The stance draws Alberta cutbacks and Western discontent while Dome Petroleum and Petro Canada expand government-aligned ownership. Critics warn the move erodes democracy and national unity.
MENTIONED IN THIS ARTICLE
Don McGillivray
Southam
Toronto
Alberta
Ottawa
Trudeau
United States
Canada
Reagan
Dome Petroleum Ltd
Dome
Hudson's Bay Oil and Gas Ltd
Petrofina
Petro Canada
Canada Development Corporation
Aquitaine Company of Canada Ltd
CDC
Gallup
Prairies
Big business backs Reagan economy plan in shift from Democrats
The business community largely supports President Reagan's tax plan focusing on depreciation of plant and equipment, with big firms siding with the White House while Democrats push an across the board corporate tax cut. Small business sees potential benefits but remains less vocal in backing the Democratic alternative.
MENTIONED IN THIS ARTICLE
Karen W. Arenson
N.Y. Times News Service
New York
Reagan
House
Ways and Means Committee
Dan Rostenkowski
Thomas P. O'Neill Jr
David Franasiak
Chamber of Commerce
Mexico eyes bigger oil role with new Baja discovery
Mexico, a top world producer, reports a new hydrocarbon find off the Baja California peninsula. PEMEX has not disclosed size, but the discovery could boost reserves and raise Mexico’s standing in global energy markets.
MENTIONED IN THIS ARTICLE
Mexico City
Reuter
Mexico
Baja, California
PEMEX
Gulf of Mexico
Soviet Union
Saudi Arabia
United States
Organization of Petroleum Exporting Countries
Also Mentioned on This Page
U.S
Lydia Chavez
N.Y
Times
Samuel Bronfman
Texas
Seagram Co
Millard
Ralph E. Bailey
Tower Estates
DeHavilland Blvd
Kitchener
Old Ranges
Mike Pouze
Atlada
Terry Fox
Athletic Park
Lion’s Park
Blue Jays
Butte
THE
Medicine Hat News
Crescent Heights
St. N.W
Ambeh
Deep Woods
Johnson
Vidal Sassoon
Kodak Film
RIO Lighters
Butler
I.D.A
ARC Laundry
DIXIE
Crescent Heights Pharmacy
Duncan Drug Store
Redcliff
Medicine Hat Canada Week
Riverside Park
Copper Penny
Trans-Canada Bridge
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