March 23, 2015
Baker Hughes Inc. investors have agreed to settle their consolidated putative class action in Delaware state court seeking to block the company's $34.6 billion merger with Halliburton Co., prompting the dismissal of a similar suit in Texas.
November 26, 2014
Investors in Baker Hughes Inc. launched two similar putative class actions Wednesday in Delaware and Texas trying to halt the company's proposed $34.6 billion merger with Halliburton Co., arguing the board approved the deal at too low a price to avoid a proxy battle and their possible ouster.