Vicki Hollub, Occidental Petroleum Corp.’s chief executive, took a corporate jet to Omaha, Neb., this weekend with a singular mission in mind: getting Warren Buffett’s backing for her $38 billion bid for Anadarko Petroleum Corp.On Tuesday, Mr. Buffett’s Berkshire Hathaway Inc. said it was throwing its weight behind the effort by buying $10 billion of Occidental preferred stock. The move positions Ms. Hollub to potentially win one of the most heated takeover battles in years, a contest with Chevron Corp. Chief Executive Mike...

Source: Wall Street Journal April 30, 2019 13:24 UTC