Quote:
Originally Posted by Hack&Lube
Why would this go ahead when the previous deal fell through. BH made $3.5 billion last time when the deal fell through.
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The businesses of BH and GE have less overlap than BH and Halliburton had, therefore is less likely that the merger would be denied for anti-competition reasons.
Worst case Ontario, BH pockets a cool $7bn from each deal falling apart.
