Joe McDonald: China Oil Company Offers $18.5B for Unocal
From Ap, via The Cheboygan Tribune: China’s third-largest oil producer made an unsolicited $18.5 billion bid Thursday for U.S. oil company Unocal Corp., marking the communist nation’s most ambitious attempt yet to acquire a Western company and setting the stage for a possible showdown with U.S. politicians concerned about potential national security issues. The purchase […]
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