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How Will The Halliburton-Baker Hughes Deal Impact Halliburton's Credit Capacity? The US Department of Justice (DoJ) filed a civil antitrust suit to block the $35 billion Halliburton-Baker Hughes deal on Wednesday, April 6th, 2016. The merger, a combination of the No. 2 and No. 3 oil services companies in the industry, is likely to curb free competition in almost 20 business lines in the global well drilling and oil construction industry. While the two companies offered divestitures of almost $7.5 billion worth of their assets to obtain regulatory clearances, these were not c...
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