BJ Services Co. (NYSE: BJS) was the target of a $5.5 billion cash and stock offer from oil services company Baker Hughes Inc. (NYSE: BHI). Shares of BJ rose 89 cents to $16.32 while Baker Hughes stock tumbled $3.16 to $34.93.
Baker Hughes Offers $5.5 Billion For BJ Services
August 31, 2009 at 13:57 PM EDT
