Clark Considers Divesting Retail

Leibs, Anthony
March 1999
Mergers & Acquisitions Report;03/08/99, Vol. 12 Issue 10, p4
Reports on the plan of Clark USA Inc., a United States oil retailer, to divest its retail operation. Hiring of Credit Suisse First Boston to advise on the sale; Revenues of the company in 1998; Comments on the plan.


Related Articles

  • Catching up.  // National Petroleum News;Apr96, Vol. 88 Issue 4, p13 

    Reports on Clark USA Inc.'s acquisition of ten Road Pilot/Road Pantry retail gasoline and convenience stores from Bell Fuels Inc. Significance of the acquisitions.

  • Clark to go public.  // National Petroleum News;Nov97, Vol. 89 Issue 12, p9 

    Reports on Clark USA Inc.'s plans to go public. Volume of Clark's common shares allocated for trading; Clark's allocation plans for the proceeds of the trade.

  • Rusnack achieves CEO goal.  // National Petroleum News;Jun98, Vol. 90 Issue 6, p11 

    Reports that William C. Rusnack has been appointed president and chief executive officer of Clark USA Inc. Rusnack's replacement of Paul D.Melnuk; Career history of Rusnack; Operations of Clark USA Inc.

  • Clark USA solicits buyer for marketing operations.  // National Petroleum News;Apr99, Vol. 91 Issue 4, p8 

    Reports on Saint Louis, Missouri-based Clark USA Inc.'s plan to solicit buyers for its marketing operations. Move as part of a strategy to enhance the long-term future of its refining business and the marketing business; Components of Clark's marketing operation.

  • Clark picks up a refinery, while Equilon sells two. Kennedy, Sarah // National Petroleum News;Jul99, Vol. 91 Issue 7, p42 

    Reports on Clark USA's acquisition of Equilon Enterprises' Wood River refinery in Illinois. Comments of Equilon President Jim Morgan on the benefits of the deal to the company; Business opportunities provided by the deal to Clark, according to president William C. Rusnack; Overview on Clark's...

  • Extended pay-off in a divestiture.  // Mergers & Acquisitions: The Dealermaker's Journal;Jul/Aug93, Vol. 28 Issue 1, p10 

    Reports on the extended pay-off in divestitures of free-standing companies. Reluctance of the buyer and seller; Deal making issues; Call for a substantial post-completion payment.

  • Spinoffs start to sputter. Lacoursiere, Catherine // Treasury & Risk Management;Jan/Feb97, Vol. 7 Issue 1, p28 

    Focuses on corporate spinoffs. Successful and unsuccessful spinoffs; Divestiture option of choice for corporations; Discriminating tendencies of investors; Reasons for spinoffs' failure as independent companies; Cancelling of spin off operations beyond their prime. INSET: Putting the right...

  • Reverse spin. Osterland, Andrew // Financial World;1/30/96, Vol. 165 Issue 2, p26 

    Warns that corporate spin-offs applauded by investors in the 1990s may not look so attractive when the business cycle turns. The record value of corporate spin-offs in 1995; The belief that the trend will continue in 1996 with a wider divergence in the quality of the transactions; Corporate...

  • Corporate Reorganizations. Madden, Lisa; Zent, Brenda // Corporate Business Taxation Monthly;Aug2003, Vol. 4 Issue 11, p37 

    Examines dot.com business spinoffs in the U.S. Business expansion rule; Internal Revenue Service's Revenue Ruling 2003-238; Automatic extension of time to file section 338 election.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics