...BP Amoco agreed last March to acquire Los Angeles-based Arco. The purchase would create the second-largest non-government oil company, behind ExxonMobil. The FTC and the three states say the new company would gain virtual control of Alaska...
...their combined share of the state's oil production from 70 to 55 percent. The merger of London-based BP Amoco with Los Angeles-based Atlantic Richfield would create the second largest non-government oil company, behind Exxon Mobil.
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