Berkshire Hathaway Inc.’s investment in Occidental Petroleum Corp. is straight out of Warren Buffett’s playbook. On Tuesday, the billionaire investor’s firm agreed to inject $10 billion into Occidental’s bid to acquire Anadarko Petroleum Corp. Berkshire will get preferred Occidental shares if a deal goes through. The Berkshire investment...

Source: Wall Street Journal April 30, 2019 23:15 UTC