Akin Gump Advises Anadarko Petroleum Corporation on $23.5 Billion Acquisitions
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(Houston, Texas) – Anadarko Petroleum Corporation (NYSE: APC) today announced it has agreed to acquire Kerr-McGee Corporation (NYSE: KMG) and Western Gas Resources, Inc. (NYSE: WGR) in separate all-cash transactions totaling $21.3 billion, plus the assumption of debt estimated at $2.2 billion.
Anadarko Petroleum Corporation Senior Vice President, Corporate Affairs & Law Robert K. Reeves and Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer Charlene A. Ripley were assisted on these transactions and the related financing by Akin Gump Strauss Hauer & Feld.
Founded in 1945, Akin Gump Strauss Hauer & Feld LLP, a leading international law firm, numbers more than 900 lawyers with offices in Austin, Brussels, Dallas, Dubai, Houston, London, Los Angeles, Moscow, New York, Philadelphia, San Antonio, San Francisco, Silicon Valley, Taipei and Washington. The firm has a diversified practice and represents regional, national and international clients in a wide range of areas, including antitrust; appellate; banking and finance; capital markets; communications and information technology; corporate and securities; corporate governance; employee benefits; energy; entertainment and media; environmental; estate planning, wealth transfer and probate; financial restructuring; global security; government contracts; health; insurance; intellectual property; international trade; investment funds; labor and employment; land use; litigation; mergers and acquisitions; private equity; privatization; project development and finance; public law and policy; real estate development and finance; Russia/CIS; tax; and technology.
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