FTC to block BP Amoco-Arco merger
Article Abstract:
Atlantic Richfield Co (Arco) and BP Amoco's $30-billion merger will be blocked by the Federal Trade Commission (FTC). The FTC, which will vote on the union of the two oil producers on Jan 28, 2000, is concerned that the combined firm will control 55% of the total crude oil production of Alaska. BP Amoco, which failed to announce cuts in the level of crude oil that it will buy from Arco, said that it is willing to proceed with the merger even witout government approval.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
Airlines revive push for merger
Article Abstract:
US Airways and United Airlines have notified the Justice Department that their plans to merge are back on track.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
United may be counting on Justice to end merger
Article Abstract:
United Airlines' CEO James Goodwin may be counting on the Justice Department's disallowing of his company's merger with US Airways to save him form a $4.3 billion merger he no longer wants.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Doubt greets United-US Airways promise to cap fares. Airlines raise fares third time in 2000. Rivals join Continental in raising fares
- Abstracts: ABC president moves to Healtheon/WebMD. Time Warner agrees to air ABC for now
- Abstracts: To Pentium or not to Pentium? The question looms. What new chip foretells for Intel. With 2 new chips, the gigahrtz decade begins
- Abstracts: Hey, big spenders: Internt firms shell out for ads. Dot-coms crank up TV advertising rates. More firms seek unity of ads on Web, TV
- Abstracts: When going gets tough, magazines get tie-in deals. NBA chief leads charge to increase fan support. NBA chief shoots for Net