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.
The list comprises some of the largest corporations in the world, many of which didnât manage to recover from the downfall. The 12th place on our list of the largest bankruptcies is held by Texaco Inc which before filing for bankruptcy had $35 billion in assets. Texaco filed for bankruptcy in 1987 after a court decision according to which the company owned $10.5 billion to Pennzoil. Later, the oil retailer Texaco managed to pay Pennzoi $3 billion, and later managed to get out of the bankruptcy. In 2001, Texaco merged into Chevron Corporation (NYSE: CVX).