Chevron Up 0.1%, After Atlas Energy Shareholders Approve $3.

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Shares of Chevron (CVX) are higher after reports that Atlas Energy (ATL) shareholders approved the oil major's acquisition bid worth $3.58 billion. Almost 100% of owners of Atlas's shares voted in favor of the merger. Earlier this month, Chevron said it would pay Atlas an additional 10 cents a share to settle litigation when its $3.59 billion acquisition is completed, Bloomberg reports. The settlement comes in response to Atlas shareholder lawsuits that claim company directors violated fiduciary duties by agreeing to an inadequate merger price. Chevron shares are up 0.13% to $0.13, to $96.47.