Top 10 News for 11/17 - 11/21: Halliburton's Big Buy; Japan Back in Recession; China Cuts Key Rate - InvestingChannel

Top 10 News for 11/17 – 11/21: Halliburton’s Big Buy; Japan Back in Recession; China Cuts Key Rate

1. Kicking off the week, Halliburton (NYSE: HAL) and Baker Hughes, Inc. (NYSE: BHI) announced a definitive agreement under which Halliburton will acquire all the outstanding shares of Baker Hughes in a stock and cash transaction. The transaction is valued at $78.62 per Baker Hughes share, representing an equity value of $34.6 billion and enterprise value of $38.0 billion, based on Halliburton’s closing price on November 12, 2014, the day prior to public confirmation by Baker Hughes that it was in talks with Halliburton regarding a transaction. Upon the completion of the transaction, Baker Hughes stockholders will