Chevron to buy Atlas Energy for $4.3 billion

The deal, which calls for a $3.2-billion cash payment and the assumption of $1.1 billion in debt, boosts the oil giant's presence in the U.S. shale-gas business.
Chevron Corp. said Tuesday that it would buy Atlas Energy Inc. for $3.2 billion in cash as the oil giant bolsters its market position in the U.S. shale-gas business.
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Source: Los Angeles Times