WDL-07-2019

FROM THE WEB

Abridged stories from our website, communityimpact.com/wdl

Occidental’s Anadarko acquisition deal expected to close later this year

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Most-read stories from 5/15/19-6/11/19 1 Occidental emerges as winner after energy giants angle for Anadarko merger 2 Where to see live music in The Woodlands area in June and July 3 Northside Lexus plans September relocation fromNorth Houston to Cathedral Lakes in Spring 4 The Woodlands to host inaugural Montgomery County Shakespeare Festival in June 5 Houston Methodist The Woodlands Hospital plans $240 million expansion, new patient tower 6 FTC terminates waiting period for Occidental’s Anadarko acquisition 7 Montgomery County, local officials work to bridge mobility funding gaps in The Woodlands area 8 Hollywood Feed now open in The Woodlands 9 Metropark Square celebrates opening 10 SamMoon Group announces 2019 opening date for Dave & Buster’s in Metropark Square

Regulatory approval for the acquisition comes less than two months aer Chevron Corp.’s ini- tial announcement of its oer for Anadarko, followed by Occidental’s own bid. Occidental eventually reached a nal agreement with Anadarko for its bid over Chevron’s on May , boosted by a  billion investment by Berkshire Hathaway Inc. pending the deal’s completion. The future status of Anadarko’s signicant workforce or landmark headquarters in The Woodlands has not yet been determined. Chevron had said it would maintain a local presence before pulling out of the

BY BEN THOMPSON Occidental Petroleum Corp.

announced June  that the Federal Trade Commission had approved the oil and gas company’s planned acquisition of The Woodlands-based Anadarko Petroleum Corp. The FTC on June  granted an early termination to the waiting period for the acquisition required by the Hart-Scott-Rodino Antitrust Improvements Act of , Occidental said in a statement. The bid, valued at  billion, must still be approved by Anadarko shareholders and is expected to close in the second half of , Occidental said.

acquisition process, but Occidental has yet to announce its plans in The Woodlands. Anadarko is The Wood- lands area’s second-largest employer, with , employees. Anadarko Petroleum Corp., headquar- tered in The Woodlands, is expected to be acquired by Occidental Petroleum Corp.

The Woodlands Express Park and Ride adds museum stops Texas Medical Center route grows by two BY BEN THOMPSON The Woodlands Town- ship announced in June the addition of two stops to The Woodlands Express Park and Ride service in Houston’s Museum District. The two new stops, Montrose Boulevard at Bissonnet Street and Main Street at Binz Street, are located at the western edge of the downtown Museum

taking the Texas Medical Center route from any of The Woodlands’ three park and ride locations. The route includes eight morning runs to Houston and nine aernoon runs returning to The Wood- lands. Bus schedules can be found on the Township website, and live updates can be found through the Ride Systems mobile app. The Woodlands Express operates Monday through Friday, excluding hol- idays. Tickets can be purchased at any of The Woodlands park and ride locations or through The Woodlands Express mobile ticketing app. The latest information about The Woodlands Express

District near The Museum of Fine Arts, Houston. The stops were added to The Woodlands Express Texas Medical Center route beginning June , with the Montrose and Bisson- net stop used for morning operations and the Main and Binz stop for evening operations. “This new addition to the Museum District is good news for residents of The Woodlands to enjoy the world-class museums that Houston has to oer, and to get there and back in a convenient, comfort- able and aordable way,” said Gordy Bunch, The Woodlands Township board of directors chair- man, in a news release. The new stops will be available to commuters

MUSEUM DISTRICT STOPS The Woodlands Express Park and Ride service will add two museum district stops to its existing Texas Medical Center route this summer.

READER FEEDBACK

The Woodlands Express Route Pickup locations

In response to Conroe ISD eyes November for new bond referendum (posted June 11, 2019)

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“If Conroe doesn’t want to spend money on schools let The Woodlands split off into our own district.”

—David A. Cassidy

RICHMOND DR.

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can be found on the township’s website.

BISSONNET DR.

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