How's this for a possible end game in this long-running merger saga? HAL execs surely thought about possibility of merger not being approved and must have some backup plan. I predict HAL, either with or without BHI, will buy back their stock, go private and permanently relocate to Dubai. Plenty of customers in that part of the world; in fact, real future of oil industry is probably in Eastern Hemisphere. Plus, lots of NOCs to work for. No more exhorbitant US corporate taxes and long extended middle finger to broke-dick Obama administration. Take that.
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Crackerhead already has his camel tuned up and its bag washed. He is ready to ride, maybe he can take that rocket wrencher Clinton with him.
Obammy will be over in country blowing camels.
EU has no jurisdiction over Middle East/Asia/Africa/Oceana. And specifically, Russia and China aren't going to play ball with US and EU as they will clearly do what's in their best economic interests. Also, South America and Mexico will readily welcome a privatized oil services provider. In other words, US and EU markets aren't necessary, from an oil standpoint, for profitability. The scenario is plausible.
You have forgotten that the EU won't give approval either.