Looking for Acquisition: Pennzoil Co., which netted...
- Share via
Looking for Acquisition: Pennzoil Co., which netted $2.5 billion in a legal settlement over Texaco’s acquisition of Getty Oil Co., said it is searching for an oil and gas company or properties it can acquire for about $3 billion. “We have not found an investment at this point we feel will add value to the shareholders. We are still seeking very diligently that investment,” the Houston-based company said.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
