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(DOWNLOAD) "Mobil Corp. V. Marathon Oil Co." by Sixth Circuit. United States Court Of Appeals * eBook PDF Kindle ePub Free

Mobil Corp. V. Marathon Oil Co.

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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.


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