Changes

===The Stock Goes Public (1987)===

===The Stock Goes Public (1987)===

The British government sold the last of its shares in British Petroleum in October 1987, allowing the company would finally be completely [[privatization|privatized]] for the first time in 73 years. The privatization of the company was expected to boost share values, but the [[Black Monday]] stock market crash occurred just before the sale, drastically reducing share values. The [[Kuwait|Kuwaiti]] government bought 22% of British Petroleum’s total shares while the price was low. Eventually British Petroleum bought back nearly 400 million of the Kuwaiti shares and cancelled them.

The British government sold the last of its shares in British Petroleum in October 1987, allowing the company to finally be completely [[privatization|privatized]] for the first time in 73 years. The privatization of the company was expected to boost share values, but the [[Black Monday]] stock market crash occurred just before the sale, drastically reducing share values. The [[Kuwait|Kuwaiti]] government bought 22% of British Petroleum’s total shares while the price was low. Eventually British Petroleum bought back nearly 400 million of the Kuwaiti shares and cancelled them.

===Mergers and Exansion (1988-Present)===

===Mergers and Exansion (1988-Present)===