It's About Liberty: A Conservative Forum

Topics => Economy => Topic started by: Libertas on November 17, 2014, 08:24:30 AM

Title: Halliburton acquires Baker Hughes
Post by: Libertas on November 17, 2014, 08:24:30 AM

http://www.zerohedge.com/news/2014-11-17/oil-routs-first-megadeal-baker-hughes-folds-sells-halliburton-35-billion (http://www.zerohedge.com/news/2014-11-17/oil-routs-first-megadeal-baker-hughes-folds-sells-halliburton-35-billion)

Those who can absorb those who cannot...

NOT the big grand conspiracy ZHer's envision...if it had happened in Mother Russia it wouldn't warrant a comment...

Title: Re: Halliburton acquires Baker Hughes
Post by: AlanS on November 17, 2014, 11:13:34 AM

I don't know about the shareholders,  but the employees should be happy. Most of the folks I know hated working for BH and left for Haliburton. Much more employee oriented.

Title: Re: Halliburton acquires Baker Hughes
Post by: Libertas on November 17, 2014, 11:32:10 AM

Not surprising, sometimes struggling organizations struggle as much from internal issues as external/financial ones.  Halliburton will have to cut the deadwood in management that have been mucking things up.