HOUSTON, March 27, 2015 /PRNewswire/ -- As announced
on November 17, 2014, Baker Hughes
Incorporated (NYSE:BHI) and Halliburton Company (NYSE:HAL) entered
into a definitive agreement under which Halliburton will acquire
all the outstanding shares of Baker Hughes in a stock and cash
transaction. The transaction was approved by stockholders of
both companies today, and is expected to close late in the second
half of 2015, pending regulatory
approvals.
As a result of today's shareholder approvals, and as is
conventional among companies being acquired in the energy industry,
Baker Hughes will suspend future conference calls to discuss its
quarterly results.
In lieu of a conference call, Baker Hughes is scheduled to issue
a news release, detailing operational performance and earnings for
the first quarter of 2015, before the market opens on Tuesday, April 21, 2015.
Baker Hughes is a leading supplier of oilfield services,
products, technology and systems to the worldwide oil and natural
gas industry. The company's 62,000-plus employees today work in
more than 80 countries helping customers find, evaluate, drill,
produce, transport and process hydrocarbon resources. For more
information on Baker Hughes, visit: www.bakerhughes.com.
CONTACTS:
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Investor
Relations:
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Trey Clark,
+1.713.439.8039, trey.clark@bakerhughes.com
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Alondra Oteyza,
+1.713.439.8822, alondra.oteyza@bakerhughes.com
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Media
Relations:
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Melanie Kania,
+1.713.439.8303, melanie.kania@bakerhughes.com
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To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/baker-hughes-announces-first-quarter-2015-earnings-release-date-300057174.html
SOURCE Baker Hughes Incorporated