More than 98 percent of voting shareholders from both companies easily approved the $34.6 billion megadeal for Halliburton Co. (NYSE: HAL) to acquire Baker Hughes Inc. (NYSE: BHI) at special meetings on March 27.
The combination of the two Houston-based oilfield services giants is not expected to close until the second half of the year after going through the regulatory process and the sales of some business units and assets by both companies.