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Baker Hughes to Buy BJ Services in $5.5 Billion Cash/Stock Deal (BHI, BJS)

By Dividend.com Staff
August 31st, 2009

baker-hughes-to-buy-bj-services-in-5-5-billion-cashstock-deal-bhi-bjs

Baker Hughes Incorporated (BHI) said on Monday that it will acquire fellow oilfield services company BJ Services (BJS) for $5.5 billion in cash and stock.

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Disclaimer: Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.