October 17, 2017
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.
June 12, 2017
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.