Founders William O. DeWitt Jr., Mercer Reynolds | ||
Spectrum 7 was an oil company started by William DeWitt and Mercer Reynolds.
In 1984, Spectrum 7 merged with George W. Bush's Arbusto Energy. After the merger, Bush became the Chairman and CEO of Spectrum 7.
Numerous Harken officials have said over the years that Bush's presence at Spectrum 7 made the failing company more attractive than it would otherwise have been.
References
Spectrum 7 Wikipedia(Text) CC BY-SA