Anadarko Accepts Occidental Bid; Chevron Has 4 Days to Respond

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Anadarko Accepts Occidental Bid; Chevron Has 4 Days to RespondThe announcement by Anadarko, which had rebuffed several prior bids from Occidental, comes almost a month after it agreed to be purchased by Chevron for $33 billion. Chevron has so far refused to increase its offer, saying its proposal is a better long-term option for Anadarko shareholders.


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