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$28BN MERGER BETWEEN BAKER HUGHES AND HALLIBURTON SCRAPPED

2-5-2016 < The Unhived Mind 125 61 words
 
Halliburton and Baker Hughes scrap $28B merger 2 May 2016 http://www.cnbc.com/2016/05/01/halliburton-baker-hughes-set-to-terminate-35b-deal-source.html Oilfield services provider Halliburton and smaller rival Baker Hughes announced the termination of their $28 billion merger deal on Sunday after opposition from U.S. and European antitrust regulators. The tie-up would have brought together the world’s No. 2 and No. 3 oil services companies, raising concerns it would result […]
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