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Halliburton-Baker blowup reverberates beyond oil

02 May

The $35 bln oil-services deal is the latest to buckle under regulatory pressure this year, after Pfizer’s bid for Allergan. Baker Hughes pockets a $3.5 bln break fee at Halliburton owners’ expense. Punishing the boss and board would yield a more enduring lesson in M&A hubris.

Source: Halliburton-Baker blowup reverberates beyond oil

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Posted by on May 2, 2016 in Public Finance

 

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