Respirate

Baker Hughes Plus BJ Services: Doing Some Simple Math

Tom, I kind of expected that you'd have an article on this acquisition. Thanks for the timely and well written opinion!

I agree with you that the deal is a good fit for both companies. When the market threw a minor tantrum when the deal was announced, it provided a better opportunity (by nearly 10%) to those of us with cash in hand.

I've been holding onto the opposite end of the deal, namely BHI. Hopefully the addition of BJ Services will integrate some significant earnings potential before the next spike in oil.

For another SA take on the BHI-BJS deal:
seekingalpha.com/artic...

Thanks again.