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DewDiligence

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DewDiligence

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Re: semi_infinite post# 11295

Thursday, 11/12/2015 6:43:52 PM

Thursday, November 12, 2015 6:43:52 PM

Post# of 29422
APC bids for APA—then withdraws:

http://www.wsj.com/articles/anadarko-discloses-withdrawn-bid-for-apache-1447250402

The chief executive of Anadarko Petroleum Corp. said the oil-and-gas company recently made a preliminary offer for rival Apache Corp. but has since withdrawn it. The Houston oil-and-gas exploration and production company didn’t disclose the size of its bid but said it reflected a modest premium and consisted of all stock.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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