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Tag Archives: global oilfield service company

Halliburton to buy Baker Hughes

Halliburton

Halliburton will buy rival Baker Hughes for cash and stock worth $34.6 billion in a deal announced Monday that created uncertainty for the more than 2,200 employees of the two companies in the Odessa area and for the Permian Basin oilmen who rely on the service companies to frack their wells. Representatives of Halliburton and Baker Hughes said it is ...

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