HAL to buy BHI

dan_s · Post by **dan_s** » Thu Nov 13, 2014 7:01 pm

Halliburton Co. is in talks to buy rival oilfield-services provider Baker Hughes Inc., according to a published report.

The Wall Street Journal, citing unidentified people, said on its website Thursday that talks were moving quickly and could result in a deal soon. No possible price was reported. At the start of trading Thursday, Baker Hughes' stock market value was $22 billion.