Halliburton and Baker Hughes terminated their merger agreement. In connection with the termination, Halliburton will pay Baker Hughes a termination fee of $3.5 billion. read more
MAY 2, 2016 - 7:36 am
According to Bloomberg, GE could emerge as the most likely bidder for Baker Hughes if the oilfield service company’s planned merger with Halliburton falls through. read more
APR 11, 2016 - 8:11 am
The Department of Justice filed a civil antitrust lawsuit seeking to block Halliburton’s proposed acquisition of Baker Hughes, alleging the transaction threatens to eliminate competition, raise prices and reduce innovation in the oilfield services industry. read more
APR 7, 2016 - 7:07 am