
The Taking of Getty Oil
Description
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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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Content
- Intro
- Title Page
- Dedication
- Contents
- Part One: An Embarrassment of Riches
- 1. The Burglar's Dilemma
- 2. A Letter from Ronald
- 3. Company Man
- 4. The Innocent on Wall Street
- 5. At the Bonaventure
- 6. Friends of the Family
- 7. The Puppy and the Sledgehammer
- 8. For the Old Man's Sake
- Part Two: In Play
- 9. On the Fence
- 10. Golden Handcuffs
- 11. Blood on the Floor
- 12. London
- 13. A Negotiated Peace
- 14. "Snookered"
- Part Three: When the Fat Lady Sings
- 15. The Bulldog
- 16. Buyers and Sellers
- 17. At the Pierre
- 18. After Midnight
- 19. Deal-makers
- 20. An Agreement in Principle
- 21. A "Manly" Place
- 22. Bruce the Moose
- 23. Denouement
- 24. Big Boys
- Part Four: A Jury of their Peers
- 25. Sore Back Lawyer
- 26. The Loner
- 27. Promises
- 28. Of Sharks and Bear Hugs
- 29. The Aliens
- 30. "You Will Decide the Ethics"
- 31. Citizens
- 32. The Fall of the Merger Maniacs
- Epilogue
- Bibliographical Note
- Notes
- Index
- About the Author
- Copyright Page
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