General Electric pursuing acquisition of oil-field services company Baker Hughes

More merger and acquisition news, this time GE and Baker Hughes

WSJ reports:

• GE has approached Baker Hughes about a takeover ..."according to people familiar with the matter"


• The transaction would be the biggest in the history of GE


• Baker Hughes market value is around $23 billion


• Could go for more than $30 billion in a takeover
  

General Electric pursuing acquisition of oil-field services company Baker Hughes
General Electric pursuing acquisition of oil-field services company Baker Hughes
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