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Fly News Breaks for November 17, 2015
APC, APA
Nov 17, 2015 | 08:38 EDT
Canaccord does not believe the assets of Apache (APA) warrant any premium as the valuation gap has been filled since the offer from Anadarko (APC) was publicized. The firm does not believes Apache will ultimately be a target for any of the majors as many of its assets are not outstanding.