Buffett invests $10 billion in Occidental for Anadarko bid
(LA Times Clippers)

Warren Buffett´s Berkshire Hathaway Inc. will invest $10 billion in Occidental Petroleum Corp. to help the oil producer in its $38 billion bid for Anadarko Petroleum Corp. Berkshire will receive 100,000 shares of preferred stock in Occidental, according to a statement Tuesday. Buffett´s intervention,...