	standard oil srd committee tried to delay bid a committee of independent directors of the standard oil co unsuccessfully sought a delay in a tender offer for standard shares by british petroleum co plc according to offering documents bp s offering document for its dlr per share offer describes discussions with douglas danforth who chairs a special committee of independent directors responsible for monitoring relations with bp bp has been owner of a pct stake in standard for several years according to the document the committee s counsel said it needed one to two months to evaluate the offering price danforth who is chairman of the westinghouse electric co wx first learned of bp s interest in uiring the rest of standard in a telephone call march five from sir peter walters chairman of bp at a meeting march nine danforth informed bp that the special committee had hired first boston corp fbc as its financial adviser and also retained independent counsel danforth s concerns that the special committee did not have sufficient time were expressed to walters in a telephone conversation and reiterated in a letter from counsel on monday of this week reuter 
