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September 9, 2005
By: DAVID SAVASTANO
Editor, Ink World Magazine
Shell Oil Company, a wholly-owned member of the Royal Dutch/Shell Group, and Pennzoil-Quaker State Company announced that they have entered into a definitive agreement under which Shell Oil will acquire Pennzoil-Quaker State at a price of $22 per share in cash. Paul Skinner, managing director of Royal Dutch/Shell Group and CEO of the group’s oil products business, said, “The combination of Shell and Pennzoil-Quaker State, the largest independent lubricants company in the world, will make ...
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