A bankruptcy judge ruled that Anadarko Petroleum Corp. (NYSE: APC) was liable for fraudulent transfers related to Kerr McGee’s spinoff of Tronox and may pay up to $14 billion in damages. The stock price plunged $6.75 to $76.92.
Anadarko Liable For Tronox Damages
December 13, 2013 at 04:23 AM EST