YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
After Occidental Petroleum Corp. offered a higher bid for Anadarko Petroleum, Chevron Corp. bowed out of the takeover battle.
Chevron received a $1 billion breakup fee.
Occidental has said it plans to shed most of Anadarko’s nonshale properties when it completes the purchase.
Read more from Reuters.
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