Standard Oil Part II
Acquired
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The Aftermath of Standard Oil's Breakup
This chapter explores the surprising outcomes following the breakup of Standard Oil in 1911, particularly focusing on the unexpected happiness of its founder, Rockefeller. It discusses how the newly formed companies not only prospered post-breakup but also how shareholders reaped significant financial benefits. Additionally, the chapter highlights the transformation within the oil industry, showcasing the emergence of influential companies like Exxon and Mobil while reflecting on the legacy of Standard Oil's market dominance.
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