2min chapter

Acquired cover image

Standard Oil Part I

Acquired

CHAPTER

Standard Oil Company Stock

The offer that they put in is like 25 to 50 % of book value, what the refiners even paid to build the factories in the first place. So over a period of six weeks, from february 18 72 to april 18 72, standard oil buys 22 of the 26 other refineries that are operating in cleveland. And this comes to be known as the cleveland massacre. Thel, all right, we're done. Yokno, we don't really even need this a south improvement company thing anyway. It will be for your own good. H so they're literally just saying like they're deciding what value they're going to pay for all these refiners.

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