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THE 10 BIGGEST CORPORATE TAKEOVERS

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If Philip Morris succeeds in acquiring Kraft for the offered $11.8 billion, it will have pulled off the second-largest takeover in U.S. corporate history. The following table lists the 10 biggest U.S. takeovers to date, most of which have involved oil companies:

Price Target Buyer (billions) Concluded Gulf Chevron $13.3 June, 1984 Getty Oil Texaco $10.1 February, 1984 Standard Oil British Petroleum $7.6 June, 1987 Federated Dept. Stores Campeau $6.6 April, 1988 Beatrice Kohlberg Kravis $6.3 April, 1986 RCA General Electric $6.1 June, 1986 Superior Oil Mobil $5.7 September, 1984 Shell Oil Royal Dutch/Shell $5.7 June, 1985 General Foods Philip Morris $5.6 November, 1985 Safeway Stores Kohlberg Kravis $5.3 November, 1986

Source: Reuters

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