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Yup, Standard Oil is coming back and so is Mother Bell.
by vtry 14y ago
Yup, Standard Oil is coming back and so is Mother Bell.
- saryant 14y agoNah, Standard Oil isn't coming back. There are so many logistical nightmares and legal problems with merging two major oil firms that they won't want to repeat the process they went through ten years ago, nor will smaller firms be willing to buy the parts the DoJ forces the big guys to spin off. Just look at how Valero screwed itself by purchasing a good chunk of Exxon's California assets. I don't think we'll see the domestic players merging but rather an increase in international joint ventures that effectively constitute a merger. Petrobras and Shell, TNK-BP and so forth.
- ChrisNorstrom 14y agoSo you think 300 years from now Ma Bell is still going to be around? Had I said my statement "This too shall pass" & "No strategy works forever" back in the 90s you guys would have said "Look at Microsoft, it's growing and growing". Again, no strategy works forever, they work for varying lengths of time.