Baker Hughes Inc. Declares Regular Quarterly Dividend
October 22, 2009 |
| Baker Hughes Inc. announced that it has declared the regular quarterly cash dividend of $0.15 per share of common stock payable November 13, 2009, to holders of record on November 2, 2009. |
Baker Hughes Inc. And BJ Services Company Receive Second Request Under US Antitrust Review
October 15, 2009 |
| Baker Hughes Inc. and BJ Services Company announced the receipt of a request from the Antitrust Division of the Department of Justice for additional information (commonly known as a second request) with respect to Baker Hughes' proposed merger with BJ Services Company. Both companies intend to comply with the request promptly. |
Baker Hughes Inc. To Acquire BJ Services Company In $5.5 Billion Transaction
August 31, 2009 |
| Baker Hughes Inc. and BJ Services Company announced that their Boards of Directors have approved a definitive merger agreement, which represents a transaction value of $5.5 billion for BJ Services based on closing stock prices on August 28, 2009. The agreement represents a premium to BJ Services stockholders of 16.3% over the closing price of BJ Services stock on August 28, 2009. Under the agreement, BJ Services stockholders will receive 0.40035 shares of Baker Hughes and cash of $2.69 in exchange for each share of BJ Services common stock. Upon closing, and reflecting the issuance of new Baker Hughes shares, BJ Services stockholders collectively will own approximately 27.5% of Baker Hughes' outstanding shares. The companies anticipate that the transaction could close as soon as the end of the calendar year. |
Baker Hughes Inc. Declares Regular Quarterly Dividend
July 23, 2009 |
| Baker Hughes Inc. announced that its Board declared the regular quarterly cash dividend of $0.15 per share of common stock payable August 14, 2009, to holders of record on August 3, 2009. |
Baker Hughes Inc. Declares Regular Quarterly Dividend
April 23, 2009 |
| Baker Hughes Inc. announced that its Board declared the regular quarterly cash dividend of $0.15 per share of common stock payable May 15, 2009, to holders of record on May 4, 2009. |
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