-Caveat Lector- BP Amoco Hires Law Firm For FTC Battle Over $32 Billion Arco Buyout [Note: Kirkland & Ellis was the law firm Kenneth Starr worked for] Dow Jones BP Amoco PLC has hired more lawyers for its struggle with the Federal Trade Commission, apparently in preparation for a possible court battle over its pending $32 billion buyout of Atlantic Richfield Co. (ARC), Thursday's Wall Street Journal reported. http://dowjones.wsj.com/i/law/SB947167187179257007-d-industry-c1-law.html BP Amoco Hires Law Firm For FTC Battle Over $32 Billion Arco Buyout Dow Jones Newswires WASHINGTON -- BP Amoco PLC has hired more lawyers for its struggle with the Federal Trade Commission, apparently in preparation for a possible court battle over its pending $32 billion buyout of Atlantic Richfield Co. (ARC), Thursday's Wall Street Journal reported. The hiring of litigation experts Kirkland & Ellis late last month comes after FTC staffers recommended that the commission challenge the merger because of concerns the combined companies would dominate Alaska North Slope oil production and bring higher gasoline prices to West Coast markets. QUOTES PLUS LOOKUP Get stock prices, charts, news, and information on the companies in this article. ARC BPA Do a Business Search The agency's position hasn't changed in recent weeks, despite efforts by the company to reopen talks to seek a settlement, people close to the case said. Tom Koch, a spokesman for the British oil concern (BPA), said, "We were hopeful to have some meetings with the FTC this week to see what their position was, and then see where we went from there. I don't think a legal fight has entered the picture yet, but it is something given the circumstances that we certainly would have to consider." He added, however, "We are still hopeful we can get an agreement with the FTC and get this deal closed." DECLARATION & DISCLAIMER ========== CTRL is a discussion and informational exchange list. Proselyzting propagandic screeds are not allowed. Substance—not soapboxing! These are sordid matters and 'conspiracy theory', with its many half-truths, misdirections and outright frauds is used politically by different groups with major and minor effects spread throughout the spectrum of time and thought. That being said, CTRL gives no endorsement to the validity of posts, and always suggests to readers; be wary of what you read. CTRL gives no credeence to Holocaust denial and nazi's need not apply. Let us please be civil and as always, Caveat Lector. ======================================================================== Archives Available at: http://home.ease.lsoft.com/archives/CTRL.html http:[EMAIL PROTECTED]/ ======================================================================== To subscribe to Conspiracy Theory Research List[CTRL] send email: SUBSCRIBE CTRL [to:] [EMAIL PROTECTED] To UNsubscribe to Conspiracy Theory Research List[CTRL] send email: SIGNOFF CTRL [to:] [EMAIL PROTECTED] Om
