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Unocal Accepts New Chevron Bid
globeandmail.com ^ | 7/20/05 | AP

Posted on 07/20/2005 10:02:19 AM PDT by eastforker

Unocal's board of directors has endorsed a sweetened, $17-billion (U.S.) takeover bid from Chevron, rejecting a higher offer from one of China's state-owned oil companies.


TOPICS: Breaking News; Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: chevron; china; greatnews; unocal
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To: eastforker

Good for unocal for rejecting China's offer.

CHINA is a Godless Commie Leadership of Fools, who still have Slave-Labor Factories!!!!!

Beware they will not take this lying down!


101 posted on 07/21/2005 3:53:02 PM PDT by LtKerst (Lt Kerst)
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To: Go Gordon

Boycott China Products!!!!

Look at the label before you Buy!!!
dont support the Godless Commie Govt. of China!!!


102 posted on 07/21/2005 3:54:00 PM PDT by LtKerst (Lt Kerst)
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To: Toddsterpatriot

For the uninformed sheep - most of Unocal's production is outside of the US. They devested most of their US properties in the US several years ago. The majority of their production is in Thailand (gas, not oil) and Indonesia. Additionally, they own ~12% of the pipeline out of Baku and bid positions in Bangladesh. Very little of their production ever hits the US shores... It'll be interesting to see the reaction of folks when the chicoms go after another US based oil company (Marathon?) Folks in the US buy more Chineese goods at Walmart than the total value of Unocal...


103 posted on 07/21/2005 9:55:01 PM PDT by Grimas
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Comment #104 Removed by Moderator

To: ChildOfThe60s

No, congress is too busy making sure that reproductive rights and condoms are being equally distributed to the world. the government doesnt have time for trivial matters like national security and protecting us from people who have threatened to nuke us if we defend taiwan. the real arch villain here is clinton. it was he who normalized relations with this monstrosity and further enabled them by allowing them a seat in the global economic community.


105 posted on 07/22/2005 8:18:36 AM PDT by heavydee
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To: southernindymom
that they control something like 200 billion of our national debt, they could wreck us with out ever firing a shot.

200 billion out of how many trillion of our debt?

200 billion is what percent of their GDP?

Think it over.

106 posted on 07/23/2005 12:03:07 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: Calusa
It'd be a shame if we lost the company that brought us "Old Lonely"

to the country that sponsored "Old Ronery".

Cheers!

107 posted on 07/23/2005 12:08:27 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: StAnDeliver

That's about 700 dollars per person in the US...Might be a bit steep price for me to pay in terms of a special tax but worth it to keep the US from being Sino-black mailed...200 billion is still chump change in a multitrillion dollar economy!


108 posted on 07/24/2005 3:08:18 PM PDT by mdmathis6 (Even when a dog discovers he is barking up a wrong tree, he can still take a leak on it!)
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To: nuffsenuff

"But isn't Chevron a French company? (Just kidding)"

Naw, that's Chevrolet you're thinking of.

(Just kidding)


109 posted on 07/24/2005 4:26:40 PM PDT by LibertarianInExile (Kelo, Grutter, and Roe all have to go. Will Roberts get us there--don't know. No more Souters.)
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