Texaco Gas Station Backlit Clock features an outer lens that is made from high quality optical lexan held in place with 3 removable rivets. It is scratch resistant and will not yellow over time. The clock face is cut out by a CNC router and the image is placed with a UV dried computer controlled printing process encouraging product longevity. The back of the clock is made from black ABS plastic that houses a 22 watt fluorescent circuline bulb with an on/off switch in the cord. The clock is battery operated with quarts movement. You can hang this beautiful clock anywhere!! Material: Made in the USA Warranty: 1 Year Manufacturers Warranty Diameter: 14″ Across / 4″ Thick Weight: Approx. 5 lbs fully boxed Note: Clock runs on 1 AA battery (not included)
- Backlit Clock features an outer lens that is made from high quality optical lexan held in place with 3 removable rivets
- Scratch resistant and will not yellow over time
- The clock face is cut out by a CNC router and the image is placed with a UV dried computer controlled printing process encouraging product longevity
- The back of the clock is made from black ABS plastic that houses a 22 watt fluorescent circuline bulb with an on/off switch in the cord
- 1 Year Manufacturers Warranty
- Icahn Recounts the Pennzoil Texaco/Getty Oil Feud
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.
Here is a rare video of Carl Icahn recounting the event at Caroline's Comedy Club in Manhattan, New York.
A grandmother and her two grandchildren are safe after employees of a car wash and Texaco Express Lube pulled them out of a vehicle before it caught fire in a crash.
Darko Malbasic, the manager of the Carbux Car Wash on the 1500 block of Dunn Avenue, said the woman was going through the car wash when her foot hit the gas pedal and the car crashed into the building. The vehicle hit an electrical transformer, causing the fire.
Malbasic, his nephew Davor Malbasic and two employees of the Express Lube next door got the three victims out before anyone was burned. One of the Express Lube employees grabbed a fire extinguisher and helped put the fire out.
The woman, Mary Williams, told people at the scene the gas pedal got stuck and she had problems with it before.