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Transcripts For BLOOMBERG Bloomberg Markets 20160405

Walk us through just how big a deal this merger would happen, and how close the scrutinizing has been. One of the longest deals weve had running. Its been more than the year. It would have been a very big deal. Halliburton and baker hughes were looking to merge to better compete against slumber j which recently acquired cameron. They dont fly. Its been very seldom that a market can be down to a duopoly. Lisa baker hughes shares not moving much. However insurers also not moving that much. Why . This has been dragging on so Long Committee of investors may have already been expecting this. Halliburton and baker hughes have been trying to make concessions, trent to offer up settlement for a long time now trying to offer up settlement for a long time now. Theyre facing regulators in europe and brazil as well. Theyve been trying to make this work, weeks and weve seen halliburton trying to offload a bunch of assets. Antitrust officials will be talking about the global reach. It is a huge deal

Gary Burnside

Gary Burnside
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