GE's $1.3B bid for Wellstream and its earlier purchase of Dresser leave analysts thinking that...

|By:, SA News Editor
GE's $1.3B bid for Wellstream and its earlier purchase of Dresser leave analysts thinking that it could expand from oil equipment manufacturing into services. That could mean going after a services-related company such as Oceaneering (OII), whose purchase likely would be cleared by antitrust regulators and might not put them in hot water with big competitors.