A successful merger won’t come easyHalliburton faces regulatory challenges to overtake Baker Hughes; layoffs likely with a need to slash $2 billion from its budget Maxine Herr For Petroleum News Bakken
The merger between oil service giants Halliburton Co. and Baker Hughes had a rocky start and completing the transaction likely won’t be smooth sailing either.
The $35 billion deal was announced on Nov. 17 but in the days preceding a final agreement, Halliburton played hardball with its fierce compet....
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Breaking up is costly Williston Basin impact
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