Frantically Shopping for Suitors

Gulf Oil seeks help to escape a corporate raider

Gulf Oil's headquarters in Pittsburgh is a 44-story office tower that was once the tallest building between New York City and Chicago. Last week the 52-year-old landmark was pumping out a veritable gusher of rumors and speculation. The excited talk was caused by the arrival in Pittsburgh of Robert O. Anderson, chairman of Atlantic Richfield, and George M. Keller, who runs Standard Oil of California. The purpose of their separate visits: to determine, in meetings with Gulf Chairman James E. Lee, if deals could be...

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