Occidental completes Anadarko acquisition
The closing of the transaction follows approval of the transaction by Anadarko’s shareholders at a special meeting held on Thursday, Aug. 8. More than 99% of the shares voted at the meeting were in favor of the Occidental merger agreement.
Anadarko shareholders are receiving $59.00 in cash and 0.2934 shares of Occidental common stock per share of Anadarko common stock in the transaction.
Anadarko’s common stock will no longer trade on the New York Stock Exchange.