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Occidental Petroleum priced 9.5 million warrants.

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The Los Angeles oil company said it would sell the warrants later this month at no more than $11.375 each. Each warrant can be exercised next July at $30 a share for one share of Southland Corp. stock. Oxy obtained a 20% stake in Dallas-based Southland when it sold the convenience store operator its Cities Service refining, marketing and transportation businesses.

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