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It's Official: DoJ Will File Suit To Block Baker Hughes-Halliburton Merger
Wednesday, April 6, 2016 - 11:37am | 376Shares of Halliburton Company (NYSE: HAL) gained more than 5 percent Wednesday, while Baker Hughes Incorporated (NYSE: BHI) gained more than 6 percent after the U.S. Justice Department announced it will sue to block the merger between the two companies. The Department of Justice alleges the...
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Halliburton & Baker Hughes Failed To Provide European Regulators With Requested Information, Final Decision On Merger Will Be Extended
Monday, February 22, 2016 - 10:32am | 198European Union regulators decided on Thursday to delay the approval process of Halliburton Company (NYSE: HAL)'s merger with Baker Hughes Incorporated (NYSE: BHI), according to Reuters. Reuters reported that both Halliburton and Baker Hughes failed to provide requested details to the...
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Report: European Commission To Commence 'Phase 2' Probe Into Halliburton's Proposed Acquisition Of Baker Hughes
Tuesday, January 12, 2016 - 2:33pm | 180Shares of Halliburton Company (NYSE: HAL) and Baker Hughes Incorporated (NYSE: BHI) were each trading lower by nearly 3 percent following news reports that their proposed $26 billion merger faces another obstacle. According to the Financial Times, the European Union's competition commissioner,...