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(CNBC)   In an industry-consolidation move, Chevron to buy Anadarko Petroleum. Soon there will only be oil, health care, and Disney. Be afraid. Be very afraid   (cnbc.com) divider line
    More: Obvious, Petroleum, production company Anadarko Petroleum, Natural gas, stock deal, Chevron shares, Chevron's deal, Shares of Anadarko rose, CEO Michael Wirth  
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205 clicks; posted to Business » on 12 Apr 2019 at 9:20 AM (10 days ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



17 Comments     (+0 »)
 
View Voting Results: Smartest and Funniest
 
2019-04-12 09:40:44 AM  
Europe will stop this
 
2019-04-12 09:42:15 AM  
Anadonny Anadarko leads the world in the production of giant metal rabbits.
 
2019-04-12 09:43:23 AM  
libertella91.liberty.meView Full Size
 
2019-04-12 10:08:58 AM  
Occidental ($70/share) apparently bid more than Chevron ($65/share), but Anadarko took the lessor offer and now Occidental is considering its options.
 
2019-04-12 10:21:20 AM  

balfourk: Occidental ($70/share) apparently bid more than Chevron ($65/share), but Anadarko took the lessor offer and now Occidental is considering its options.


There will be lawyers.
 
2019-04-12 10:21:49 AM  
Anadarko has always sounded like a supervillain company name. I have a friend who went to work for them and has basically sold his soul. He did get a lot for it, I'll grant him that. But it would have to take a lot to be involved with the forced resettlement of 1,500 households of subsistence farmers and fishermen in Mozambique.

He got a nice pool put in the backyard last year. I'm really happy for him.
 
2019-04-12 10:55:30 AM  
Yeah, I've seen that movie.
img.fark.netView Full Size
 
2019-04-12 11:27:22 AM  
img.fark.netView Full Size
 
2019-04-12 11:31:06 AM  
Repo Man had it covered back in 1984.

img.fark.netView Full Size
 
2019-04-12 11:37:11 AM  

Rock Krenn: Repo Man had it covered back in 1984.

[img.fark.net image 850x537]


Although this was a real thing going on at that time. Target has a new line of budget products that don't look too far off. I grew up on products like these though:
img.fark.netView Full Size
 
2019-04-12 11:47:10 AM  

balfourk: Occidental ($70/share) apparently bid more than Chevron ($65/share), but Anadarko took the lessor offer and now Occidental is considering its options.


Occidental's offer required approval of both Occidental's and Anadarko's shareholders. Chevron's offer just needs Anadarko's shareholders to approve. Anadarko went for the less risky option.

Chevron said it expects the deal to close in the second half of the year, subject to the approval of Anadarko shareholders and regulators. --https://www.cnn.com/2019/04/12/bus​ines​s/chevron-anadarko/index.html
 
2019-04-12 11:54:34 AM  

MBZ321: Although this was a real thing going on at that time. Target has a new line of budget products that don't look too far off. I grew up on products like these though:


img.fark.netView Full Size
 
2019-04-12 11:57:15 AM  

Ivo Shandor: MBZ321: Although this was a real thing going on at that time. Target has a new line of budget products that don't look too far off. I grew up on products like these though:

[img.fark.net image 689x640]


Now if only every label had a question mark behind the product name.
 
2019-04-12 12:11:23 PM  

balfourk: Occidental ($70/share) apparently bid more than Chevron ($65/share), but Anadarko took the lessor offer and now Occidental is considering its options.


Wtf? Occidental didn't know to bribe the anadarko board?
 
2019-04-12 12:42:28 PM  
This is such a savvy and propitious  move that CVX's shares are down 4.6% right now.
 
2019-04-12 01:01:18 PM  
encrypted-tbn0.gstatic.comView Full Size

Ain't that some shiat? I had another sister.
 
2019-04-13 07:42:25 AM  
Whistle while you work, citizen.
 
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