1. Occidental is Sued by Shareholders, Bondholders Over Anadarko Merger

    Occidental is Sued by Shareholders, Bondholders Over Anadarko Merger

    Occidental Petroleum Corp has been sued by investors who claim they suffered billions of dollars of losses because the heavily indebted company concealed its inability to weather plunging oil prices, after paying $35.7 billion to acquire Anadarko Petroleum Corp...

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    1. Investors have suffered severe losses.
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