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you re looking at the cac, and the dax up as well. let s take a look at crude before we get to merger monday or unmerger monday. the wti trading at 4 45.63. halliburton and baker hughes scrapping a deal, following opposition from european and u.s. anti-trust regulators. it would have combined the second and third largest oil services company and it raised concern it would result in higher prices. last month, the justice department filed a law suit to stop the deal. and as a result, halliburton s going to pay baker hughes a $3.5 billion breakup fee. i guess you could argue both sides of this, andrew. we know events, it s already happening, 7% increase in the price of oil back to h45. the industry will come back, and at that time you have a powerful anti-competitive. potentially. but in the meantime, it obviously made a lot of sense for both companies to try to pool their resources in such a tough period. and i just wonder, you know, it s a fine line to draw, depending on
MiamiFloridaUnited-statesNew-yorkCanadaJapanAustraliaGermanyPhiladelphiaPennsylvaniaBerkshireAlaska good morning, everyone. welcome to a special edition of squawk box here on cnbc. i m becky quick and this morning i am in a suburb of omaha ham, nebraska, called la vista. joe kernen is back at cnbc headquarters on the east coast. our special guest this morning is berkshire hathaway s warren buffett. we ve been soliciting your questions for mr. bust over the last several days and as always, he he didn t disappoint. you have e-mailed, tweeted, facebooked and shared your thoughts on linkedin. before we get to that, joe is going to give us a quick rundown of the morning s top headlines. hey, beck. i know the sequester is hitting everybody hard, but this is your new set up there with the boxes and the usually we can splurge a little bit more. this is affecting everyone, i think. this it is. but this was a purchase. berkshire never gave any numbers on this, but it was reported that this was a purchase of about $500 million. whoa. but it was what we twauts the company
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