pickens in A Sentence

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However, Pickens and Lee(Gulf's CEO)

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Once Pickens was gone, Gulf reneged on its

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Pickens West Virginia.

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Andrew Pickens Butler.

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Cities then bought out Pickens for $55 a share.

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began in 1982 when T. Boone Pickens, an Amarillo, Texas oilman and corporate raider(or greenmailer),

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During a speech he gave on May 19, 1856, one of the senators Sumner called out was Andrew Pickens Butler of South Carolina.

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Pickens first privately offered $45 a share for a friendly takeover and then later made a $50 a share public offer when Cities' CEO rejected the friendly offer.

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However, Pickens and Lee(Gulf's CEO) were summoned to testify before the Senate months before the merger was hammered out and the matter was referred to the Federal Trade Commission FTC.

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Pickens was not present at the time as he was recuperating from an illness, but his nephew, Preston Brooks, a member of the House of Representatives from South Carolina, caught wind of Sumner's speech and decided Southern and family honor was at stake.

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Its undoing as an independent company began in 1982 when T. Boone Pickens, an Amarillo, Texas oilman and corporate raider(or greenmailer), and owner of Mesa Petroleum, made an offer for the comparatively larger(but still considered"non-major" oil company) Cities Service Company(more generally known by the name Citgo) from Tulsa, Oklahoma, which was then trading in the low 20s.

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Once Pickens was gone, Gulf reneged on its buyout offer, supposedly over a dispute regarding accuracy of Cities Service's reserves, and the stock price of Cities plunged, triggering stockholder lawsuits as well as distrust for Gulf's management on Wall Street and among financing investment banks who bet big in assisting Gulf to defeat Mesa only to be left broke when Gulf backed out.

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