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News : Business

Inside the bidding war for Anadarko

By Bloomberg
28 Apr 2019   |   1:23 pm   |   2m 24s
Anadarko Petroleum is under pressure from investors to explain why it agreed to a takeover offer from Chevron despite it being substantially lower than Occidental Petroleum’s $38 billion proposal. Occidental went public with its offer Wednesday and said it was essentially the same one made in January last year.


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