APC - Occidental: Winners Curse?

Anadarko (APC) accepted OXY's (OXY) $76 per share bid after declaring it superior to Chevron's (CVX) lower bid, and Chevron has opted to take their $1 billion deal break fee rather than bidding higher. This begs the question: as the winner of a competitive sales process, is Oxy subject to the "winner's curse"?

First, here is the past year share price performance of the 3 companies involved:

The market is certainly indicating a lower value for OXY stock, with it down 38%, versus APC

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