(DOWNLOAD) "Mobil Corp. V. Marathon Oil Co." by Sixth Circuit. United States Court Of Appeals * eBook PDF Kindle ePub Free
eBook details
- Title: Mobil Corp. V. Marathon Oil Co.
- Author : Sixth Circuit. United States Court Of Appeals
- Release Date : January 23, 1981
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 73 KB
Description
On October 30, 1981, Mobil Corporation ("Mobil") announced its intention to purchase up to 40 million outstanding common shares of stock in Marathon Oil Company ("Marathon") for $85 per share in cash. Mobil conditioned that purchase upon receipt of at least 30 million shares, just over one-half of the outstanding shares. It further stated its intention to acquire the balance of Marathon by merger following its purchase of those shares.