Current APC Stock Info

Largest environmental cleanup in DOJ history ends uncertainty for APC: stock celebrates

Manhattan federal Judge Katherine Forrest approved a deal yesterday to have Anadarko Petroleum Corp. (ticker: APC) pay $5.15 billion to clean up nuclear fuel and other pollution in the largest-ever environmental cleanup recovery in the Department of Justice’s history, Reuters reported.

Kerr-McGee Corp. (ticker: KMG), which Anadarko acquired in 2006, was accused of shuffling off its environmental responsibilities in order to make itself a more attractiv...

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