US Steel begins buying stock in Marathon Oil

US Steel Corporation started to buy Marathon Oil Company stock Wednesday, apparently ending the bitter battle between the nation's top steelmaker and Mobil Oil Corporation for control of Marathon.

Chief Justice Warren Burger late Wednesday rejected Mobil's emergency request to stop US Steel from acquiring Marathon, which cleared the way for the second-largest corporate takeover in US history.

You've read  of  free articles. Subscribe to continue.
QR Code to US Steel begins buying stock in Marathon Oil
Read this article in
https://www.csmonitor.com/1982/0108/010819.html
QR Code to Subscription page
Start your subscription today
https://www.csmonitor.com/subscribe