Rosneft to Buy TNK-BP for $55 Billion in Oil Deal

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Oct. 22 (Bloomberg) -- OAO Rosneft agreed to buy TNK-BP, a 50-50 venture between BP Plc and a group of billionaires, for $54.8 billion in the third-biggest oil acquisition ever. Ryan Chilcote reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)