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Tuesday, April 16, 2013

BP's Latest Move Highlights A Dilemma

Last Wednesday, British oil giant BP  announced that it had put its U.S. wind power assets up for sale as the company continues its strategy of focusing on more profitable oil and gas operations.


 If it receives a favorable offer, the company thinks it can create more value for shareholders by divesting the wind assets, which are estimated to be worth some $1.5 billion. Continue...
[Insider Monkey]

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