Access control system topologies. 1  Work load on the host PC is significantly reduced, because it only needs to communicate with a few main controllers. 2  The overall cost of the system is lower, as sub-controllers are usually simple and inexpensive devices. 3  All other advantages listed in the first paragraph apply.
This excerpt taken from the CVX 10-K filed Mar 9, 2004. Texaco Merger Transaction. On October 9, 2001, Texaco Inc. (Texaco) became a wholly owned subsidiary of Chevron Corporation (Chevron) pursuant to a merger transaction, and Chevron changed its name to ChevronTexaco Corporation.
In the merger, Texaco stockholders will receive 0.77 shares of ChevronTexaco common stock inexchange for each of their shares of Texaco common stock. The market value of Chevron common stockis likely to vary between the date of this proxy statement/prospectus and the eâ ective time of the mergerand may decline.