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Home>UPDATE: Halliburton, Baker Hughes to scrap controversial merger

UPDATE: Halliburton, Baker Hughes to scrap controversial merger

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Mon, 2 May 2016

By Alison Sider Justice Department had sued to block deal Halliburton Co.(HAL) and Baker Hughes Inc.(BHI) called off their merger, once valued at nearly $35 billion, which encountered opposition on several continents from regulators who claimed that it would hurt competition in the oil-field
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