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September 01, 2020 10:18am
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More M&A Could be on the Horizon for Oil Services ETFs

The big news out of the energy patch this week is Halliburton’s (NYSE: HAL) $35 billion purchase of rival Baker Hughes (NYSE: BHI), announced Monday. Halliburton is so committed to getting this deal done that the world’s second-largest provider of oilfield services tacked a $3.5 billion breakup fee...
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