Anadarko Scores Kerr-McGee and Western Gas

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The big deal announced Friday morning: Oil and gas producer Anadarko Petroleum Corp. is picking up Kerr-McGee Corp. and Western Gas Resources Inc. The cash-and-carry deals total to $21.1 billion, and include rihts to expand into the Gulf of Mexico and the Rocky Mountains regions. Also, you get to really, really annoy the environmentalists.
Anadarko to buy Kerr-McGee, Western Gas for $21 bln
[Reuters]

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