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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Taikun who wrote (54652)10/21/2004 9:41:47 PM
From: energyplay  Read Replies (1) | Respond to of 74559
 
BP (UK) bought ARCO (US)
PDVSA (Venezuela) bought Citgo (US)
BHP (Aussie) bought Utah International (US)
Daimler (German) bought Chrysler (US)
Deutsch Telecom bought the cell phone carrier that's now T-moble (Airtouch ?)
Phillips (Nederlands) bought Signetics, VLSI logic

Sun Myung Moon (Korea) bought Washington Times, AP

In all these cases, you could argue that the buyer is to some degree a state vehicle - especially PDVSA.



To: Taikun who wrote (54652)10/21/2004 9:50:59 PM
From: Seeker of Truth  Read Replies (1) | Respond to of 74559
 
I meant that if the controlling stockholders want to sell, they want to sell to the highest bidder. Of course if they refuse to sell then there's no deal.


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