Occidental Bids $38 Billion for Anadarko in Plan to Beat Chevron
File photo of an Anadarko Petroleum Corp.’s oil drilling platform ‘Hickory’ is seen here in the Gulf of Mexico on Sept., 2001. (Photographer: Craig Hartley/Bloomberg News)

Occidental Bids $38 Billion for Anadarko in Plan to Beat Chevron

(Bloomberg) -- The first major bidding war has broken out in the Permian.
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