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DewDiligence

11/12/15 6:43 PM

#11338 RE: semi_infinite #11295

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http://www.wsj.com/articles/anadarko-discloses-withdrawn-bid-for-apache-1447250402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 but has since withdrawn it.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