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Breaking: Halliburton to purchase Baker Hughes

The company logo of Halliburton oilfield services corporate offices is seen in Houston, Texas April 6, 2012. Credit: Reuters/Richard Carson via NewsCred

Dow Jones reported today that Halliburton may buy Baker Hughes. The companies are two of the largest oil field service companies in the world. Prior to the announcement it has been stated that Baker Hughes is worth around $22 billion dollars. Halliburton has an estimated worth of $47 billion.  Both companies currently have declined to comment on the acquisition. If ...

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