Anadarko Wins Antitrust Clearance for Western Gas Acquisition



Anadarko Petroleum Corp. said Tuesday that its proposed acquisition of Western Gas Resources, Inc. has achieved U.S. antitrust clearance, as the statutory waiting period required under the Hart-Scott-Rodino Antitrust Improvements Act expired without issuance of a second request by the U.S. Federal Trade Commission.

Anadarko expects to close the transaction as soon as practicable following regulatory clearance from the Wyoming Public Service Commission and Western Gas shareholder approval at the special meeting set for Aug. 23.

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