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Trident Energy Inc

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May 7, 1991 | PATRICK LEE, TIMES STAFF WRITER
In the first major sale of assets since patriarch Armand Hammer's death last year, Occidental Petroleum Corp. said Monday that it has agreed to sell most of its natural gas liquids business to a joint venture with Dallas-based Hicks, Muse & Co. in a deal that will net it about $432 million. Occidental would retain half ownership of the joint venture, Trident Energy Inc.
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BUSINESS
May 7, 1991 | PATRICK LEE, TIMES STAFF WRITER
In the first major sale of assets since patriarch Armand Hammer's death last year, Occidental Petroleum Corp. said Monday that it has agreed to sell most of its natural gas liquids business to a joint venture with Dallas-based Hicks, Muse & Co. in a deal that will net it about $432 million. Occidental would retain half ownership of the joint venture, Trident Energy Inc.
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