Deals
Halliburton Believers Stand to Win Big Betting on Deal: Real M&A
- Traders wagering on approval could reap more than $3 billion
- Schlumberger-Cameron combination could help regulatory odds
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Traders willing to bet the biggest oil-services deal can survive regulatory scrutiny stand to rake in more than $3 billion in profit.
Baker Hughes Inc. shares closed on Thursday at $53.75. That’s about $8 below Halliburton Co.’s cash-and-stock offer.