More M&A Could be on the Horizon for Oil Services ETFs
November 20, 2014 at 08:20 AM EST
The big news out of the energy patch this week is Halliburton’s (NYSE: HAL) $35 billion purchase of rival Baker Hughes (NYSE: BHI), announced Monday. Halliburton is so committed to getting this deal done that the world’s second-largest provider of oilfield services tacked a $3.5 billion breakup fee...