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Jean Paul Getty and Mission Corporation
Page entitled :
Getty, Mission Corp and the Sarah C. Getty Trust
Content of this page is about :
How Standard Oil strategy to spin off Tidewater shares to Mission
Corporation backfires in favor of Jean Paul Getty and the Sarah C. Getty
Trust.
Extract :
... It started with a staggering opportunity to advance his pursuit of Tide Water Associated. When the Standard Oil management created Mission Corp to block Getty, it implicitly counted on its major stockholders to pursue the same objective. But it had obviously forgotten to inform them accordingly or its proposition was not very convincing. When it distributed the Mission shares to its own stockholders, the largest of them, led by
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