Occasional Purchase, Anadarko Shareholders Go for the Cash

Anadarko shareholders voted 99% in favor of the deal giving them $ 72.34 per share based on Wednesday’s closing price for Occidental. Casual shares were at a fraction of $ 45.93.

Shareholders of Anadarko Petroleum Corp. on Thursday overwhelmingly voted to sell the company for $ 38 billion to rival Occidental Petroleum Corp., ending a short-lived contest that buzzed two of the oil industry’s best-kept names against each other./Investing.com

Stay updated with INFOEUROPEFX to find out the latest news about commodities.