Sunday, June 3, 2007

UPDATE 1-Anadarko to sell assets to Atlas for $1.85 billion

(Reuters) - Under the terms of the deal, Atlas will acquire control of
Anadarko's interests in the Chaney Dell and Midkiff/Benedum
natural gas gathering systems and associated processing plants
located in Oklahoma and Kansas.




Anadarko said its divestitures have now yielded around
$12.5 billion in after-tax proceeds from announced and closed
deals.


Read more at Reuters.com Mergers News

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