Oil Leader Baker Hughes To Buy BJ Services For $5B
Originally priced at $5.5 billion, the cost of the deal dipped after Baker Hughes stock prices dropped Monday afternoon.
The arrangement provides for BJ Services shareholders to receive $2.69 in cash and 0.40035 shares of Baker Hughes in exchange for each share of the target company's common stock.
With the original cost of $5.5 billion, this would...
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