OTHER NEWS - Nov. 30, 1991
From Times Staff and Wire Reports
USX Ordered to Pay $409 Million: A federal magistrate has recommended that USX Corp. pay $409 million to former shareholders of Marathon Oil Co. to settle a 9-year-old dispute, a spokesman said. The case stemmed from USX’s purchase of Marathon and was the lone remaining issue in a lawsuit filed by Marathon shareholders after the acquisition. The suit alleged that U.S. Steel, as USX was known then, wrongly accepted certain Marathon shares in conjunction with the tender offer for the oil company, USX spokesman William Keslar said.
