The Traderszone Network

Published in TZ Latest News 7 May, 2016 by The TZ Newswire Staff

What You Need to Know About Baker Hughes and Halliburton Now that the Merger is Off

To the surprise of no one, the Halliburton (NYSE: HAL)-Baker Hughes (NYSE: BHI) fusion is officially off, and Halliburton is paying Baker Hughes $3.5 billion in fees as a consequence. Why, then, is Baker Hughes stock seeing a dip, while Halliburton’s is up?

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