Baker Hughes Inc. (NYSE: BHI) will be acquired by Halliburton Co. (NYSE: HAL) in a
cash and stock deal valued at approximately $34.6 billion. Shares of Baker Hughes leaped $5.34 to close at $65.23 while Halliburton stock plunged $5.85 to close at $49.23.
Halliburton to buy Baker Hughes
November 17, 2014 at 18:36 PM EST