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Re: Lcbm68 post# 503

Friday, 09/11/2015 8:34:13 AM

Friday, September 11, 2015 8:34:13 AM

Post# of 914
Halliburton (NYSE:HAL) -1.2% premarket following a NY Post article that says the Justice Department wants it to find a single buyer for ~$7.5B of assets instead of selling them to different suitors in order to gain approval of the company's proposed purchase of Baker Hughes (NYSE:BHI).

DoJ’s single-buyer mandate leaves HAL with few options other than selling the package of assets to the likes of GE or Siemens (OTCPK:SIEGY), according to the report; it is not known if either company is willing to pay a reasonable price for the assets.

Purely My Own Opinion. Do Your Own Due Diligence.

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