All hail our new master Halliburton. Just read the vote was passed in favor of the takeover overwhelmingly.
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Guy's, I work for Halliburton, at least for now. Believe me, none of us wanted this merger either. At the end of it all, it's the working man who gets a* f#$@% with no lube or dinner.
Shareholders don't give a crapola about the working man. All about shareholders and nothing else. We are "assets" that make the money for them. F**k the shareholders.
You morons should have see this coming and made some money off of today. STFU
So long non core businesses, especially the remaining backstabbers within Polymers.
Stupid shareholders. Your selfish vote has only accelerated the coming layoffs for everyone. Get ready everybody layoffs are around the corner.
Bye bye Baker. When you still were the Baker family this was a nice time.
"The price of oil is at its lowest point in five years. I am sure you have seen and felt the results of this sudden decline in the last few months. The drop in rig activity means we continue to reduce our workforce. At the same time, we are cutting costs companywide, and in every single part of our business. This isn’t easy for any of us. But these steps are necessary, and we are not alone in taking such actions." says Craighead in a video embedded in his message to employees (http://services.corporate-ir.net/SEC.Enhanced/SecCapsule.aspx?c=79687&fid=10022109) and of course the intergration teams go right to work to answer the questions of the DOJ second request. So maybe Bloomberg was right with the divestitures starting in April.
Calling all luxury yacht salesmen - you have new clients on the market at Baker with nice fat golden parachutes.
Not bad reward for being complete failures - they said baker would become number 2 in the market. Being eaten up by Halliburton was not the strategic plan they sold to the real workers in Baker.
self destruction...we are headed for self destruction....self destruction...we are headed for self destruction
You shareholders have chosen. So be it. In the end it will be your downfall.
you fools. your greediness for money has blinded you and in the end will be your downfall.
Que sera, sera
Whatever will be, will be
The future's not ours to see
Que sera, sera
What will be, will be
We know how old you (and I) are Signed Sealed Delivered I'm Yours! Good luck.
Halliburton Company (NYSE:HAL) today announced that its stockholders approved Halliburton’s proposal to issue shares of Halliburton common stock as contemplated by its merger agreement with Baker Hughes Incorporated (NYSE: BHI). In addition, Baker Hughes today announced that its stockholders adopted the merger agreement and thereby approved the proposed combination of the two companies. Each company’s special meeting was held earlier today.
Nearly 99% of the shares voted at Halliburton’s special meeting voted in favor of the proposal to issue Halliburton shares. Separately, more than 98% of the shares voted at Baker Hughes’ special meeting voted in favor of the transaction, representing more than 75% of all outstanding shares of Baker Hughes.
“We are extremely pleased Halliburton and Baker Hughes stockholders have shown overwhelming support by approving the pending transaction,” said Dave Lesar, chairman and chief executive officer of Halliburton. “We are more confident than ever that this combination will create a stronger, more diverse organization with an unsurpassed depth and breadth of services benefitting our stockholders, customers, employees and other key stakeholders of both companies.”
Martin Craighead, chairman and chief executive officer of Baker Hughes said, “Today’s results are an important milestone in our efforts to build a global leader in oilfield services that can deliver more benefits for customers, improved value for stockholders and more long-term opportunities for employees. We look forward to continuing to work collaboratively with Halliburton on the regulatory review process and the creation of a thoughtful integration plan that combines the best of both companies.”
The close of the transaction is expected to occur late in the second half of 2015, and remains subject to regulatory approvals, as well as other customary closing conditions.
Just think of the package Martin Craighead and "others" are going to get to walk away, millions; just like the BJ president did in the Baker purchase. Now comes the selling - divesting of the assets and restructuring to satisfy the Gov'ts approval.
We'll be fighting in the streets
With our children at our feet
And the morals that they worship will be gone
And the men who spurred us on
Sit in judgement of all wrong
They decide and the shotgun sings the song
I'll tip my hat to the new constitution
Take a bow for the new revolution
Smile and grin at the change all around
Pick up my guitar and play
Just like yesterday
Then I'll get on my knees and pray
We don't get fooled again
The change, it had to come
We knew it all along
We were liberated from the fold, that's all
And the world looks just the same
And history ain't changed
'Cause the banners, they are flown in the next war
I'll tip my hat to the new constitution
Take a bow for the new revolution
Smile and grin at the change all around
Pick up my guitar and play
Just like yesterday
Then I'll get on my knees and pray
We don't get fooled again
No, no!
I'll move myself and my family aside
If we happen to be left half alive
I'll get all my papers and smile at the sky
Though I know that the hypnotized never lie
Do ya?
There's nothing in the streets
Looks any different to me
And the slogans are replaced, by-the-bye
And the parting on the left
Are now parting on the right
And the beards have all grown longer overnight
I'll tip my hat to the new constitution
Take a bow for the new revolution
Smile and grin at the change all around
Pick up my guitar and play
Just like yesterday
Then I'll get on my knees and pray
We don't get fooled again
Don't get fooled again
No, no!
Awesome, I should be getting my stock rewards soon.