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Michael Baker to be acquired for $397M

Jul. 29, 2013 9:17 AM ETBaker Hughes Company (BKR) StockBKR-OLDBy: Carl Surran, SA News Editor
  • Engineering services firm Michael Baker (NYSEMKT:BKR) agrees to be acquired by Integrated Mission Solutions, an affiliate of DC Capital Partners, for ~$397M, or $40.50/share, a 37% premium to BKR’s Friday closing price.
  • Shares +36% premarket.

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