Latest News Updates From Rachel AdamsHeard and Kevin Crowley

Business, Fuel

Anadarko Accepts Occidental Petroleum Bid; Chevron to Make Counteroffer?

Anadarko Petroleum Corp.鈥檚 board has declared Occidental Petroleum Corp.鈥檚 sweetened $38 billion takeover 鈥渟uperior,鈥 giving Chevron Corp. until May 10 to either boost its offer or walk away from the oil industry鈥檚 biggest deal in at least four years.

May 7, 2019