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Summary
News:
1) Anadarko Petroleum Corporation ([[APC]]) received a higher takeover offer of $38 billion from Occidental Petroleum Corporation ([[OXY]]). APC agreed on a $33 billion deal to sell its business to Chevron Corporation ([[CVX]]) on April 12. If APC officially declares OXY's offer to be superior, CVX can either make a new offer or take the $1 billion break-up fee and abandon the deal. APC is the sponsor of Western