Business, Fuel

Anadarko Accepts Occidental Petroleum Bid; Chevron to Make Counteroffer?

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

May 7, 2019