Chevron to buy Anadarko for $33 billion

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Chevron to buy Anadarko for $33 billion
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Chevron to buy Anadarko for $33 billion $CVX $APC

FILE PHOTO: A Chevron gas station sign is pictured at one of their retain gas stations in Cardiff, California October 9, 2013. REUTERS/Mike Blake/File Photo

- Chevron Corp said on Friday it would buy Anadarko Petroleum Corp for $33 billion in cash and stock.The total enterprise value of the transaction is $50 billion.

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