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Read More »Chevron, CNOOC Bidding War Probable as Unocal Board Meets
NEW YORK – Expectations of a bidding war between Chevron Corp. (CVX) and a Chinese oil company jockeyeing to scoop up Unocal Corp. (UCL) grew on Thursday as the U.S. oil producer’s board meets to discuss the competing bids. Chinese state-run oil company CNOOC Ltd. (CEO) has already tweaked its …
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