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Chevron/Texaco Merger

NPR

Published October 15, 2000 at 9:00 PM PDT

Following in the footsteps of entertainment giant AOL-Time-Warner and mega-airline United-USAir, Big Oil is entering the realm of big mergers. Chevron should announce plans today to acquire Texaco in a 35 billion-dollar deal. NPR's Jim Zarroli reports.