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Friday, May 1, 2026

Halliburton

Halliburton, Baker Hughes to Merge in $34.6 Billion Deal

November 17, 2014

Includes $3.5 Billion Payout to Baker Hughes if Merger Fails to Gain Antitrust Approval The rumblings of a landmark oilservices deal that began on Thursday evening came to fruition over the weekend. By Monday, November 17, 2014, Halliburton (ticker: HAL), the second largest oilservices provider, announced plans to merge with rival Baker Hughes (BHI). BHI, the world’s third largest oilservices

Two of Top Three OilService Companies Speak of Merger

November 14, 2014

Halliburton (ticker: HAL) and Baker Hughes (ticker: BHI) have begun preliminary talks of a merger, Dow Jones reported on November 13, 2014. BHI confirmed the report later in the evening but did not make any guarantees as to the completion of the merger. “Baker Hughes does not intend to comment further on market speculation or disclose any developments unless and until it

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