In the summer of 1959, Max Fisher negotiated another successful deal with his old business associate James Donnell II, merging Aurora with The Ohio Oil Company.
Date:
August 1, 1959
Resource Center Node Reference:
In 1959, a $40 million deal was struck and Max Fisher's Aurora Gasoline Company became a subsidiary of The Ohio Oil Company. In 1962, Ohio Oil assumed the name of its main brand, becoming the Marathon Oil Company.
AuroraOhio Merger
January 1, 1959
Abstract
In 1959, a $40 million deal was struck and Max Fisher's Aurora Gasoline Company became a subsidiary of The Ohio Oil Company. In 1962, Ohio Oil assumed the name of its main brand, becoming the Marathon Oil Company.
Left to Right: William E. Slaughter, Max M. Fisher, Charles Z. Hardwick, Henry Wenger, H.H. West, C.L. Orn.
Credit: Max M. & Marjorie S. Fisher Foundation
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Date Range:
1954-1961