CNBC Squawk Box May 2, 2016
Youre looking at the cac, and the dax up as well. Lets 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. Antitrust 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, halliburtons going to pay baker hughes a 3. 5 billion breakup fee. I guess you could argue both sides of this, and...
Source: archive.org
