Anadarko to Resume Talks With Occidental on $38 Billion Takeover

The Anadarko Board is reconsidering its options between Chevron and Occidental's bids. Despite a $1 billion breakup fee with Chevron, Occidental's offer appears financially superior. However, concerns about Occidental's financial stability and ability to finance the deal persist. Anadarko's shares have been trading higher than Chevron's offer, prompting investors to call for a comprehensive review. The attractiveness of shale assets in the Permian Basin may invite additional bids.

What is the primary reason Anadarko is reconsidering Occidental's bid?

• Occidental's bid is financially superior.

• Chevron's offer is more attractive.

• Occidental has a stronger financial stance.

• Anadarko has no other options.

What factor might be influencing Anadarko's decision regarding the Chevron deal?

• A higher bid from Chevron.

• A $1 billion breakup fee.

• Occidental's past offers.

• Investor pressure.

Why might Anadarko be hesitant to accept Occidental's bid?

• Occidental's financial weakness.

• Chevron's superior offer.

• Legal issues with Occidental.

• Lack of investor interest.

What is a concern regarding Occidental's ability to proceed with the deal?

• Anadarko's internal issues.

• Chevron's legal action.

• Insufficient financing.

• Lack of interest in shale assets.

Why are shale assets in the Permian Basin considered attractive?

• They are exclusive to Chevron.

• They are easy to extract.

• They have high potential value.

• They are less expensive.