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
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780)) (For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* 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
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780)) (For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
