Baker Hughes (BHI)/Halliburton (HAL) Deal Less Likely to Close - Jefferies
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U.S. regulators seek more concessions to OK Halliburton-Baker Hughes deal
December 15, 2015 3:41 PM EST(Reuters) - Halliburton Co (NYSE: HAL) and Baker Hughes Inc (NYSE: BHI) said U.S. antitrust officials were not satisfied with the concessions they offered to win approval for their proposed merger, and that officials said they would assess further... More
Baker Hughes (BHI), Halliburton (HAL) Say DOJ Voices Concerns on Merger; Plan Extension for Deal Closing
December 15, 2015 3:01 PM ESTHalliburton Company (NYSE: HAL) and Baker Hughes Incorporated (NYSE: BHI) today announced that they expect that their timing agreement with the Antitrust Division of the U.S. Department of Justice (DOJ) will expire without reaching a settlement or the DOJ initiating litigation at this time to block their pending transaction. The DOJ has informed the companies that it does not believe that the remedies offered to date are sufficient to address the DOJs concerns, but acknowledged that they would assess further proposals and look forward to continued cooperation from... More
Baker Hughes (BHI), Halliburton (HAL) Halted, News Pending
December 15, 2015 2:56 PM ESTBaker Hughes (NYSE: BHI), Halliburton (NYSE: HAL) Halted, News Pending
... MoreHalliburton (HAL), Baker Hughes (BHI) halted with news pending
December 15, 2015 2:55 PM ESTBaker Hughes (NYSE: BHI), Halliburton (NYSE: HAL) halted with news pending.
... MoreU.S. Said Unsatisfied with Halliburton (HAL), Baker Hughes (BHI) Merger Plan
December 15, 2015 12:23 PM EST(Updated - December 15, 2015 12:29 PM EST)
U.S. said unsatisfied with Halliburton (NYSE: HAL) merger plan, according to Bloomberg.
UPDATE - Antitrust officials don't expect to make a decision on the deal until sometime in 2016, sources said.
Halliburton... More
