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15.03.2010 | 05:21
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BRIEF-Baker Hughes says not got approval from US DoJ yet for BJ Services Merger

March 15 (Reuters) - Baker Hughes Inc:

* Baker Hughes and BJ Services comment on the status of the pending BJ Services

merger

* Says not got required approval from antitrust division of the U.S. Department

of Justice yet

* DOJ raised issues about overlap between stimulation/sand control businesses

of co and BJ in U.S. Gulf of Mexico

* Says likely all matters will not be finalized prior to the March 19th

meetings of stockholders

* Sees to convene and immediately adjourn stockholder meetings to a later date

if matter not finalized before March 19

* Cos do not expect any resolution to be material to the business or financial

performance of the combined company

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Link: http://www.finanznachrichten.de/nachrichten-2010-03/16371799-brief-baker-hughes-says-not-got-approval-from-us-doj-yet-for-bj-services-merger-020.htm