HOUSTON, May 20 /PRNewswire-FirstCall/ -- The Federal Trade Commission has
issued a request for additional information relevant to the proposed
acquisition of Pennzoil-Quaker State Company (NYSE: PZL) by Shell Oil Company.
It appears that this request is directed toward developing further information
about base oil and passenger car motor oil. Such requests from the FTC are
not unusual in these types of matters. We will continue to cooperate fully
with the FTC in its review of this transaction and believe that the
transaction will be completed in the second half of 2002.
SOURCE Pennzoil-Quaker State Company
 back to top
Related links:
http://www.pennzoil-quakerstate.com
Company News On-Call:
http://www.prnewswire.com/comp/684550.html
CONTACT:
media, Ray Scippa, +1-713-546-8942, or
investors, Jay Roueche, +1-713-546-4961, both of Pennzoil-Quaker
State Company
|
