BIG OIL MERGER
STANDARD AND VACUUM JOIN FORCES CAPITAL OF £180,000,000 NEW YORK, Friday. The directors of the Standard Oil Company of New York and the Vacuum Oil Company announce a merger with a capital of £180,000,000. The companies are two former units of the Standard Oil “tru-et,” which was dissolved by consent, following upon a decree of the United States Supreme Court in 1911.
The announcement was in the form of a letter to the stockholders. It is revealed that the Government intends to test the legality of the merger in the Courts.
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https://paperspast.natlib.govt.nz/newspapers/SUNAK19300224.2.81.9
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Sun (Auckland), Volume III, Issue 905, 24 February 1930, Page 10
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94BIG OIL MERGER Sun (Auckland), Volume III, Issue 905, 24 February 1930, Page 10
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