One-Page Deal Sheet
Anadarko Acquires Western Gas Resources
Transaction Details: Subscribe to see
HOUSTON--(BUSINESS WIRE)--Aug. 23, 2006--Anadarko Petroleum Corporation (NYSE:APC) today announced it has completed the acquisition of Western Gas Resources, Inc. (NYSE:WGR).
Western Gas stockholders of record as of the close of business today will receive $61.00 in cash for each share of Western Gas common stock they own. Trading in Western Gas common stock on the New York Stock Exchange will terminate as of the close of trading today. In connection with the transaction, Anadarko has retired all of the outstanding indebtedness of Western Gas.
"The Western Gas transaction enhances our ability…
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