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To: Lizzie Tudor who wrote (21547)11/18/1998 4:38:00 PM
From: Scotsman  Read Replies (1) | Respond to of 24154
 
I'm not Rudedog, but I think he will agree that the shareholders, particularly Rockefeller, came out very nicely. They got pro rata shares in the companies that made up Standard. Since these all were profitable and most are still around in different forms, it made them a lot of money. Some say the Rockefellers fortune was increased 3 times by the break up.




To: Lizzie Tudor who wrote (21547)11/18/1998 4:41:00 PM
From: rudedog  Respond to of 24154
 
Michelle -
Scotsman's post is correct - a holder of the original Standard Oil shares was up 3X in 18 months after the breakup.


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