Chevron’s Unocal takeover bid clears SEC hurdle
Chevron Corp. said June 29 that its proposed $16.4 billion takeover of rival Unocal Corp. has cleared its final regulatory hurdle, meaning the offer now hangs on a shareholder vote on Aug. 10.
El Segundo, Calif.-based Unocal originally accepted Chevron’s bid but is also now considering a higher, $1....
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