Baker Hughes To Buy BJ Services For $5.5 Billion

[her209]

Good deal?
link

 

[gorcorps]

$5.5 Billion for a BJ? That... sucks :lmao:

 

[Blackjack200]

Originally posted by: gorcorps
$5.5 Billion for a BJ? That... sucks :lmao:

Yeah, but it's probably the biggest BJ in the world.

 

[vi edit]

Originally posted by: Blackjack200

Originally posted by: gorcorps
$5.5 Billion for a BJ? That... sucks :lmao:

Yeah, but it's probably the biggest BJ in the world.

That's still a big bill to swallow.

 

[Exterous]

Originally posted by: vi edit

Originally posted by: Blackjack200

Originally posted by: gorcorps
$5.5 Billion for a BJ? That... sucks :lmao:

Yeah, but it's probably the biggest BJ in the world.

That's still a big bill to swallow.

I see wat you did there

It is for Services so I guess we don't know how many he bought

 

[gorcorps]

Originally posted by: vi edit

Originally posted by: Blackjack200

Originally posted by: gorcorps
$5.5 Billion for a BJ? That... sucks :lmao:

Yeah, but it's probably the biggest BJ in the world.

That's still a big bill to swallow.

I'll bet they're still choking on that one

 

[Shaftatplanetquake]

The only way I'd pay that much for those services is if they were the best BJ services in the world. And they would have to have a duration of the rest of my life.

 

[spidey07]

Originally posted by: gorcorps

Originally posted by: vi edit

Originally posted by: Blackjack200

Originally posted by: gorcorps
$5.5 Billion for a BJ? That... sucks :lmao:

Yeah, but it's probably the biggest BJ in the world.

That's still a big bill to swallow.

I'll bet they're still choking on that one

Rumors are the deal will REACH AROUND 6 billion.

 

[vi edit]

This deal is getting a lot of lip service from the online community.

 

[jonks]

Paying that much for anything would make me gag.

 

[darkxshade]

Originally posted by: spidey07

Originally posted by: gorcorps

Originally posted by: vi edit

Originally posted by: Blackjack200

Originally posted by: gorcorps
$5.5 Billion for a BJ? That... sucks :lmao:

Yeah, but it's probably the biggest BJ in the world.

That's still a big bill to swallow.

I'll bet they're still choking on that one

Rumors are the deal will REACH AROUND 6 billion.

They'll make a great team, one does all the drilling and the other does all the pumping.

 

[joesmoke]

Originally posted by: darkxshade

Originally posted by: spidey07

Originally posted by: gorcorps

Originally posted by: vi edit

Originally posted by: Blackjack200

Originally posted by: gorcorps
$5.5 Billion for a BJ? That... sucks :lmao:

Yeah, but it's probably the biggest BJ in the world.

That's still a big bill to swallow.

I'll bet they're still choking on that one

Rumors are the deal will REACH AROUND 6 billion.

They'll make a great team, one does all the drilling and the other does all the pumping.

its even harder than it sounds

 

[spidey07]

ROFL! Keep it going, this thread is going to make my day.

From the article:

"Simmons & Co. analyst Bill Herbert said that the premium paid for BJ Services "isn't offensive,""

 

[gorcorps]

Originally posted by: joesmoke

Originally posted by: darkxshade

Originally posted by: spidey07

Originally posted by: gorcorps

Originally posted by: vi edit

Originally posted by: Blackjack200

Originally posted by: gorcorps
$5.5 Billion for a BJ? That... sucks :lmao:

Yeah, but it's probably the biggest BJ in the world.

That's still a big bill to swallow.

I'll bet they're still choking on that one

Rumors are the deal will REACH AROUND 6 billion.

They'll make a great team, one does all the drilling and the other does all the pumping.

its even harder than it sounds

Na, it's easy if you just do it on your knees

 

[vi edit]

Originally posted by: spidey07
ROFL! Keep it going, this thread is going to make my day.

From the article:

"Simmons & Co. analyst Bill Herbert said that the premium paid for BJ Services "isn't offensive,""

Their investors really took one on the chin giving up that much.

 

[spidey07]

Originally posted by: vi edit

Originally posted by: spidey07
ROFL! Keep it going, this thread is going to make my day.

From the article:

"Simmons & Co. analyst Bill Herbert said that the premium paid for BJ Services "isn't offensive,""

Their investors really took one on the chin giving up that much.

Some shareholders are licking their lips over the deal however.

 

[Gothgar]

I bet they are expecting a large money shot in return?

 

[vi edit]

Originally posted by: Gothgar
I bet they are expecting a large money shot in return?

Yeh, but that's assuming the accountants don't blow it.

 

[spidey07]

Is there anything in the agreement for failure to perform?

 

[Blackjack200]

Originally posted by: spidey07
Is there anything in the agreement for failure to perform?

Hostile takeover.

 

[vi edit]

Originally posted by: spidey07
Is there anything in the agreement for failure to perform?

I'm sure there are some protections in place in the event that they pull out early.

 

[spidey07]

Originally posted by: Blackjack200

Originally posted by: spidey07
Is there anything in the agreement for failure to perform?

Hostile takeover.

With stiff penalties?

 

[Fingolfin269]

Originally posted by: vi edit

Originally posted by: spidey07
Is there anything in the agreement for failure to perform?

I'm sure there are some protections in place in the event that they pull out early.

Or else some investors will get the shaft and then this whole situation will explode.

 

[venkman]

this deal is aa little hard to swallow

 

[spidey07]

Originally posted by: Fingolfin269

Originally posted by: vi edit

Originally posted by: spidey07
Is there anything in the agreement for failure to perform?

I'm sure there are some protections in place in the event that they pull out early.

Or else some investors will get the shaft and then this whole situation will explode.

Yep, it will blow up right in their face.