Takeover Battle: Occidental Offers $57 Billion for Anadarko, Topping Chevron

Capt. John

By Jennifer Hiller HOUSTON, April 24 (Reuters) – Oil and gas producer Occidental Petroleum Corp on Wednesday made a $57 billion bid for Anadarko Petroleum Corp, topping Chevron Corp’s $50 billion offer and sparking the first takeover battle for a major oil company in years. The surprise...

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