Asked by Shiyu Zhang on May 01, 2024

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This oil company took over Paramount Pictures during the first wave of corporate buyouts and takeovers.

A) Kinney National Service
B) Transamerica
C) MCA
D) Gulf  Western

Corporate Buyouts

Transactions where a company is purchased outright, typically resulting in significant organizational and operational changes.

Paramount Pictures

One of the major American film studios, founded in 1912, known for producing and distributing a wide array of notable and successful films.

Gulf Western

An American conglomerate involved in a variety of businesses, including entertainment through its ownership of Paramount Pictures before undergoing major restructuring and divestment.

  • Recognize key collaborations between production companies and various entertainment or corporate organizations for the purpose of diversification.
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KS
KAMAL SINGHMay 05, 2024
Final Answer :
D
Explanation :
Gulf + Western, an American conglomerate, took over Paramount Pictures in 1966, marking a significant event in the era of corporate buyouts and takeovers.