Pennzoil-quaker State shareholders approve merger plan with shell

摘要

Pennzoil-Quaker State shareholders approved the buy-out plan by Shell Oil Company and Shell ND Company in August.The deal is still awaiting approval by the U.S.FederalTrade Commission.On March 25,Pennzoil-Quaker State Company and Shell Oil Company,an affiliate of the Royal Dutch/Shell Group,entered into a definitive agreement under which shell oil company will acquire pennzoil-quaker state company at a price of