Baker Hughes, Halliburton exploring merger
Two massive players in the Wyoming energy market are considering a merger as oil prices drop.
Halliburton Company and Baker Hughes Inc. are exploring a deal, though nothing concrete is on the table yet, according to Baker Hughes officials.
The company, beyond giving press and investors the indication that it is in talks, didn’t give much information on the potential transaction.
“These discussions may or may not lead to any transaction,” a company release stated. “Baker Hughes does not intend to comment further on market speculation or disclose any developments unless and until it otherwise deems further disclosure is appropriate or required.”
Baker Hughes…
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