Mobil back to high court to halt Marathon takeover

Mobil Oil Corporation returned to the US Supreme Court for one last try at blocking US Steel, a rival bidder, from buying up Marathon Oil Corporation stock on Thursday.

Mobil attorneys rushed an emergency request to Chief Justice Warren Burger less than 24 hours after a federal appeals court refused the oil giant's request to halt the acquisition temporarily while it petitions the justices for a full-blown review of the dispute.

The Sixth US Circuit Court of Appeals in Cincinnati rejected the Mobil request, clearing the way for the return to the high court.

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.