Publications
Publications
- November 1984 (Revised December 1988)
- HBS Case Collection
Gulf Oil Corp.--Takeover
Abstract
Gulf Oil was pressured into liquidation while under attack by Boone Pickens of Mesa Petroleum Co. Gulf management was unsure whether to sell out or take the firm private. A suitor, Standard Oil of California, tries to decide how much, if anything, to bid for the privilege of owning Gulf.
Keywords
Insolvency and Bankruptcy; Bids and Bidding; Acquisition; Energy Sources; Energy Industry; United States
Citation
Rock, Kevin F. "Gulf Oil Corp.--Takeover." Harvard Business School Case 285-053, November 1984. (Revised December 1988.)