Showing posts with label alamo rent a car. Show all posts
Showing posts with label alamo rent a car. Show all posts

Million Dollar Money Drop has Texaco, Old El Paso| Alamo Rent A Car as answers|Old el paso coupons|Recipes|Taco

s-STACK-OF-MONEY-largeMillion Dollar Money Drop has Texaco, Old El Paso| Alamo Rent A Car as answers|Old el paso coupons|Recipes|Taco:Tonight Million Dollar Money Drop took to the tough questions and this included some seriously amazing American history. The couple looking to make good money, Steve and Jennifer took to the questions like professionals but as we watched tonight, the anxiety of putting the cash on the correct drop can be difficult.

The fifth question of the night reminds us all why a little healthy pop culture is essential to keep the brain cells going. The question had everything to do with Texas and the products America uses. The question was 'Which of these brands was founded in the State of Texas? The three choices were quite misleading and the couple lost some cash in the process of elimination. The possible answers were Old El Paso, Alamo Rent a Car and Texaco.

The correct answer for the evening was Texaco. You might be asking yourself where was Texaco founded? According to the Internet, the Texas Fuel Company, founded in 1901 in Beaumont, Texas, by Joseph S. Cullinan, Thomas J. Donoghue, Walter Benona Sharp, and Arnold Schlaet upon discovery of oil at Spindletop. The company sold gas in all 50 states and was independent until it merged in 2001.

The 'Cheat Sheet' for the Million Dollar Money Drop question number 5 is:

Where was Texaco founded? Beaumont Texas in 1901.

Where was Old El Paso founded? New Mexico.

Where was Alamo Rent a Car founded? Florida.

The couple playing tonight definitely lost money on this question, but at the end of the game walked away a winner with some serious cash! We enjoyed playing and will be watching again tomorrow night with more 'cheat sheets' to answer the questions.


Texaco|Carl Icahn Recounts the Pennzoil Texaco/Getty Oil Feud|texas instruments|texas holdem poker

TexacoTexaco|Carl Icahn Recounts the Pennzoil Texaco/Getty Oil Feud|texas instruments|texas holdem poker:The Getty Oil takeover battle between Texaco and Pennzoil was probably one of the ugliest in Wall Street's history. In 1984, Texaco swooped in at the last minute with a winning bid before Pennzoil was able to finalize an already agreed-upon deal with Getty Oil.

A furious Pennzoil filed suit and started a bitter legal feud that lasted for the following four years, which pushed Texaco into bankruptcy, until a settlement of $3 billion, brokered by Carl Icahn, was reached. At the time, Cal Icahn, a noted corporate raider and financier, accumulated over 13% of Texaco's stock in a failed attempt to take control of the board.

However, the settlement, in which Icahn acted as a catalyst, removed the dark clouds hanging over Texaco and Pennzoil. As a result, both companies were able to move on and refocus on business. The resulting gains in stock prices also got Icahn some sizable financial windfall.

In the end, the biggest winner of all were the law firms, as Texas lawyer Joseph Jamail (whom Icahn mentioned in the video below) reportedly got $600 million for leading Pennzoil's attack against Texaco.