SLB/CAM—Thanks for your reply, but the merger rationales you cited are largely generic—i.e. they could apply to almost any merger. From your post:
…the deal will firmly establish SLB as the dominant and most diversified oilfield service provider, with total estimated revenues for the combined entity of $46B in 2015, a figure the prospective Halliburton (HAL +2.3%) and Baker Hughes (BHI +2.5%) combo cannot match."
I have two problems with this statement: i) SLB was already the largest and most diversified oil-services company; and ii) why is bigger necessarily better?
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
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