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Occidental Wanted Anadarko Until Talks Were Cut Short by Chevron Bid

Corey Goldman

were cut short on Friday after Chevron announced it would acquire Anadarko for $33 billion, stopping Occidental in its tracks from potentially raising its offer price. CNBC reported on Monday that Friday's mega-energy merger announcement between Chevron and Anadarko cut Occidental's ongoing overtures to Anadarko short.