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Concerns about Hostile Takeovers and the Need for Legislation

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Concerns about Hostile Takeovers and the Need for Legislation

The text is a letter from Mr. Herman George Kaiser to Congressman James R. Jones, dated December 17, 1984. Mr. Kaiser thanks Congressman Jones for his recent letter and expresses agreement with his views on T-Boone Pickens raiding of Phillips Petroleum Company. Mr. Kaiser mentions that he has contacted the Federal Trade Commission to investigate the situation and is awaiting further reports from Phillips. He also mentions that he is studying tax legislation to prevent manipulations like this and will fight against the takeover if it is not in Oklahoma's best interests. Mr. Kaiser concludes by thanking Congressman Jones and inviting further observations or suggestions on the matter.

Catalogue Metadata

Title: Concerns about Hostile Takeovers and the Need for Legislation

Component Unique Identifier: CAC_CC_109_7_144_67_0008

Date - creation

Type: inclusive

Begin: 1984-12-07

Scope and Content: The text is a letter from Mr. Herman George Kaiser to Congressman James R. Jones, dated December 17, 1984. Mr. Kaiser thanks Congressman Jones for his recent letter and expresses agreement with his views on T-Boone Pickens raiding of Phillips Petroleum Company. Mr. Kaiser mentions that he has contacted the Federal Trade Commission to investigate the situation and is awaiting further reports from Phillips. He also mentions that he is studying tax legislation to prevent manipulations like this and will fight against the takeover if it is not in Oklahoma's best interests. Mr. Kaiser concludes by thanking Congressman Jones and inviting further observations or suggestions on the matter.

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Portion: whole

Number: 3

Type: pages

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CAC_CC_109_7_144_67_0008

1708387200000

Carl Albert Congressional Research and Studies Center | University of Oklahoma https://www.ou.edu/carlalbertcenter