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The Taking of Getty Oil - Pennzoil, Texaco, and the Takeover Battle That Made History (Paperback)
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The Taking of Getty Oil - Pennzoil, Texaco, and the Takeover Battle That Made History (Paperback)
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A larger-than-life account of family, greed, and a courtroom
showdown between Big Oil rivals from the New York Times-bestselling
author of Private Empire. Pulitzer Prize-winning author Steve Coll
is renowned for "his ability to take complicated, significant
business stories and turn them into quick-reading engaging
narratives" (Chicago Tribune). Coll is at the height of his talents
in this "riveting" tale of one of the most spectacular-and
catastrophic-corporate takeovers of all time (Newsday). As the head
of a sprawling oil empire, J. Paul Getty was once the world's
richest man. But by 1984, eight years after his death, Getty's
legacy was in tatters: His children were locked in a bitter feud
over the family trust and the company he founded was riven by
boardroom turmoil. Then Pennzoil made an agreement with Getty's
son, Gordon, to purchase Getty Oil. It was a done deal-until Texaco
swooped in to claim the $10 billion prize. What followed was an
epic legal battle that pit "good ole boy" J. Hugh Liedtke of
Pennzoil against the Wall Street brokers behind Texaco's offer. The
scandalous details of the case would shock the business world and
change the landscape of the oil industry forever. With a large cast
of colorful characters and the dramatic pacing of a novel, The
Taking of Getty Oil is a "suspenseful" and "always intriguing"
chronicle of one of the most fascinating chapters in American
corporate history (Publishers Weekly).
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