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UNITED STATES OF AMERICA v. GENERAL ELECTRIC COMPANY et al
Case Number:
1:17-cv-01146
Court:
Nature of Suit:
Judge:
Firms
Sectors & Industries:
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October 17, 2017
GE To Pay Feds While Selling Water Biz In Baker Hughes Deal
The U.S. Department of Justice on Tuesday said that General Electric Co. has agreed to make payments to the government while it continues to unload a water treatment business, a sale the company agreed to in exchange for clearance of its $32 billion deal with Texas-based Baker Hughes.
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June 12, 2017
DOJ Clears $32B GE-Baker Hughes Oil And Gas Merger
General Electric Co. and Texas-based Baker Hughes Inc. said Monday that they've reached an agreement with the U.S. Department of Justice allowing them to proceed with a planned merger that's set to create an oil field services company with $32 billion in combined revenue.