Thursday, December 30, 2010

Anadarko Petroleum Rallies On Takeover Speculation

Shares of Anadarko Petroleum Corp. (NYSE: APC) rallied more than 5% on Thursday after U.K. newspaper the Daily Mail reported that BHP Billiton Ltd. (NYSE: BHP) may be preparing an offer worth $90 a share for the oil and gas exploration company. Stay tuned for more.

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