Houston Matters

Lessons from the Failed Halliburton-Baker Hughes Merger

As we learned last week (May 2, 2016), Halliburton and Baker Hughes — two of the world’s biggest oilfield services companies — called off their proposed merger, worth around $28 billion. To learn more about why the deal fell through — and about the impact on Houston — is Loren Steffy, managing director for 30 […]

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As we learned last week (May 2, 2016), Halliburton and Baker Hughes — two of the world's biggest oilfield services companies — called off their proposed merger, worth around $28 billion.

To learn more about why the deal fell through — and about the impact on Houston — is Loren Steffy, managing director for 30 Point Strategies, a writer-at-large for Texas Monthly and a columnist for EnergyVoice.com.

MORE:
Halliburton, Baker Hughes Kill $28 Billion Merger Amid Regulator Opposition (NPR, May 2, 2016)
Halliburton Lays Out Why Its Massive Merger with Baker Hughes Was Doomed (Business Insider, May 3, 2016)
Failed Halliburton, Baker Hughes Deal Drew Dozens of Foes (Bloomberg, May 1, 2016)

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Michael Hagerty

Michael Hagerty

Senior Producer, Houston Matters

Michael Hagerty is the senior producer for Houston Matters. He's spent more than 20 years in public radio and television and dabbled in minor league baseball, spending four seasons as the public address announcer for the Reno Aces, the Triple-A affiliate of the Arizona Diamondbacks.

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