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Anadarko Petroleum (APC +3%) spikes higher following a Reuters report that the company will take...

Anadarko Petroleum (APC +3%) spikes higher following a Reuters report that the company will take part in settlement talks with former subsidiary Tronox Trust. Tronox, which filed for bankruptcy in 2009, is suing Anadarko for $25B on behalf of the EPA and other creditors, who claim Anadarko transferred funds belonging to creditors out of Tronox prior to the filing.
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