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On April 8, 1985, a Texas-based energy company called Mesa Petroleum launched a hostile takeover bid for the Union Oil Company of California, or Unocal. A “Poison Pill” Mesa had been founded in 1956 by legendary oilman T. Boone Pickens; and by the 1980s, Pickens had become a well-known corporate raider in the oil and […]
https://www.valuewalk.com/elon-musk-exposes-the-tyranny-of-the-minority/