A Classification of American Wealth
History and genealogy of the wealthy families of America - Sponsors


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  Part III-Chapter 15 : Wildcatter Oil Barons  > Getty  :    « Previous   1 - 2 - 3 - 4 - 5 - 6 - 7 - 8 - 9 - 10 - 11
                                                                                                                         
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   Getty acquires Pacific Western and pursues Tidewater

Page entitled : Getty's acquisition of Pacific Western and new target Tide Water

Content of this page is about :
How J. Paul Getty acquired a majority of Pacific Western Oil and then moved on to pursue Tide Water Associated, an integrated oil company.


Extract :
...
was after all in the process of building George F. Getty Inc into an integrated oil company with refineries, transportation facilities and gas stations. To do so he chose the way by which he had already greatly expanded the business, the acquisition through majority stock ownership of a much larger company, whose shares were depressed in the stock market. His target was Tide Water Associated Oil Company, the only one in California he felt was ...

 

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