DOJ says it will require Baker Hughes (BHI) and BJ Services (BJS) to divest assets in order to...

|About: Baker Hughes, a GE company (BHGE)|By:, SA News Editor

DOJ says it will require Baker Hughes (BHI) and BJ Services (BJS) to divest assets in order to proceed with their proposed merger - without which it would lead to higher prices and a reduction in service quality. The divestitures aren't expected to have a material impact on the combined company.