Berg, Harold E. Collection 1983-1991

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Berg, Harold E. Collection 1983-1991

http://www.lib.utexas.edu/taro/utcah/01885/01885-P.html

Harold E. Berg served as president ofthe Getty Oil Company. In 1984, Texaco bought Getty Oil. Berg played a prominentrole in the Pennzoil-Texaco dispute of December 1985. The collection includescorrespondence, legal documents, and printed material related to the Pennzoil-Texacolitigation over the acquisition of Getty Oil.

eng,

Dolph Briscoe Center for American History

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SNAC Resource ID: 6643932

Dolph Briscoe Center for American History

Related Entities

There are 4 Entities related to this resource.

Texaco, inc.

http://n2t.net/ark:/99166/w6fj68rt (corporateBody)

Getty Oil Company

http://n2t.net/ark:/99166/w64f5j1h (corporateBody)

Pennzoil Company

http://n2t.net/ark:/99166/w6b8926m (corporateBody)

Pennzoil Co., headquartered in Houston, Texas is a large oil producing, refining, and marketing company. Pennzoil traces its origins back to two companies, Zapata Petroleum and South Penn Oil Company. In 1983 Pennzoil signed an agreement with Getty Oil for the purchase of Getty. Several days after public announcement of the agreement, Texaco purchased all of Getty Oil. Pennzoil reacted by bringing a suit against Texaco for interfering with its agreement with Getty Oil. After four years of trial,...

Berg, Harold E.

http://n2t.net/ark:/99166/w6h86wh0 (person)

Before his death in 1976, J. Paul Getty personally selected Harold E. Berg to succeed him as president of the Getty Oil Company. In 1984, Texaco bought Getty Oil. Berg played a prominent role in the Pennzoil-Texaco dispute of December 1985. In this landmark case, Pennzoil claimed that Texaco had fraudulently convinced the Getty Oil Company to break the binding merger contract between Getty and Pennzoil that resulted in Pennzoil’s loss of a billion barrels of choice oil reserves. The...