HOUSTON--(BUSINESS WIRE)--Feb. 17, 2015--
Halliburton Company (NYSE: HAL) and Baker Hughes Incorporated (NYSE:
BHI) today announced that each company will hold a special meeting of
stockholders on March 27, 2015, at 9:00 AM Central Time, in connection
with Halliburton’s pending acquisition of Baker Hughes. Halliburton’s
special meeting will be held at Halliburton’s offices at 3000 North Sam
Houston Parkway East, Life Center Auditorium, Houston, Texas 77032, and
Baker Hughes’ special meeting will be held at 2727 Allen Parkway,
Wortham Meeting Room #2, Houston, Texas 77019. Halliburton stockholders
will vote on whether to approve the issuance of shares of Halliburton
common stock in connection with the acquisition, and Baker Hughes
stockholders will vote on whether to approve the merger and the
Agreement and Plan of Merger, dated as of November 16, 2014, among
Halliburton, a wholly owned subsidiary of Halliburton and Baker Hughes,
and, on a non-binding, advisory basis, the compensation payable to Baker
Hughes’ named executive officers in connection with the merger.
Halliburton stockholders and Baker Hughes stockholders of record at the
close of business on February 17, 2015, will be entitled to receive
notice of and vote at the respective special meetings.
About Halliburton
Founded in 1919, Halliburton is one of the world's largest providers of
products and services to the energy industry. With more than 80,000
employees, representing 140 nationalities in over 80 countries, the
company serves the upstream oil and gas industry throughout the
lifecycle of the reservoir - from locating hydrocarbons and managing
geological data, to drilling and formation evaluation, well construction
and completion, and optimizing production through the life of the field.
Visit the company’s website at www.halliburton.com.
Connect with Halliburton on Facebook,
Twitter,
LinkedIn,
Oilpro,
and YouTube.
About Baker Hughes
Baker Hughes is a leading supplier of oilfield services, products,
technology and systems to the worldwide oil and natural gas industry.
The company's 62,000-plus employees today work in more than 80 countries
helping customers find, evaluate, drill, produce, transport and process
hydrocarbon resources. For more information about Baker Hughes, visit: www.bakerhughes.com.
Additional Information
This communication does not constitute an offer to buy or sell or the
solicitation of an offer to buy or sell any securities or a solicitation
of any vote or approval. This communication relates to a proposed
business combination between Halliburton and Baker Hughes. In connection
with this proposed business combination, on February 17, 2015,
Halliburton filed with the SEC an amendment to the registration
statement on Form S-4 that was originally filed on December 19, 2014,
containing a preliminary joint proxy statement/prospectus of Halliburton
and Baker Hughes and other documents related to the proposed
transaction. The registration statement was declared effective by the
SEC on February 17, 2015. Halliburton and Baker Hughes will each file
with the SEC a definitive proxy statement/prospectus, and each of
Halliburton and Baker Hughes will file other documents with respect to
the proposed acquisition of Baker Hughes and a definitive proxy
statement/prospectus will be mailed to stockholders of Halliburton and
Baker Hughes. INVESTORS AND SECURITY HOLDERS OF HALLIBURTON AND BAKER
HUGHES ARE URGED TO READ THE JOINT PROXY STATEMENT/PROSPECTUS AND OTHER
DOCUMENTS THAT MAY BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY
BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED
TRANSACTION. Investors and security holders may obtain free copies of
these documents (if and when available) and other documents filed with
the SEC by Halliburton and/or Baker Hughes through the website
maintained by the SEC at http://www.sec.gov.
Copies of the documents filed with the SEC by Halliburton will be
available free of charge on Halliburton’s internet website at http://www.halliburton.com
or by contacting Halliburton’s Investor Relations Department by email at investors@Halliburton.com
or by phone at +1-281-871-2688. Copies of the documents filed with the
SEC by Baker Hughes will be available free of charge on Baker Hughes’
internet website at http://www.bakerhughes.com
or by contacting Baker Hughes’ Investor Relations Department by email at trey.clark@bakerhughes.com
or alondra.oteyza@bakerhughes.com
or by phone at +1-713- 439-8039 or +1-713-439-8822.
Participants in Solicitation
Halliburton, Baker Hughes, their respective directors and certain of
their respective executive officers may be considered participants in
the solicitation of proxies in connection with the proposed transaction.
Information about the directors and executive officers of Halliburton is
set forth in its Annual Report on Form 10-K for the year ended December
31, 2013, which was filed with the SEC on February 7, 2014, its proxy
statement for its 2014 annual meeting of stockholders, which was filed
with the SEC on April 8, 2014, its Quarterly Report on Form 10-Q for the
quarter ended September 30, 2014, which was filed with the SEC on
October 24, 2014, and its Current Reports on Form 8-K filed with the SEC
on July 21, 2014 and December 9, 2014. Information about the directors
and executive officers of Baker Hughes is set forth in its Annual Report
on Form 10-K for the year ended December 31, 2013, which was filed with
the SEC on February 12, 2014, its proxy statement for its 2014 annual
meeting of stockholders, which was filed with the SEC on March 5, 2014,
its Quarterly Report on Form 10-Q for the quarter ended September 30,
2014, which was filed with the SEC on October 21, 2014, and its Current
Reports on Form 8-K filed with the SEC on June 10, 2014, September 10,
2014 and December 10, 2014. These documents can be obtained free of
charge from the sources indicated above. Additional information
regarding the participants in the proxy solicitations and a description
of their direct and indirect interests, by security holdings or
otherwise, will be contained in the definitive proxy
statement/prospectus and other relevant materials to be filed with the
SEC when they become available.
Source: Halliburton Company and Baker Hughes Incorporated
For Halliburton
Investors:
Kelly
Youngblood, 281-871-2688
Halliburton, Investor Relations
Investors@Halliburton.com
or
Media:
Emily
Mir, 281-871-2601
Halliburton, Public Relations
PR@Halliburton.com
or
For
Baker Hughes
Investors:
Trey Clark,
713-439-8039
Baker Hughes, Investor Relations
trey.clark@bakerhughes.com
or
Alondra
Oteyza, 713-439-8822
Baker Hughes, Investor Relations
alondra.oteyza@bakerhughes.com
or
Media:
Melanie
Kania, 713-439-8303
Baker Hughes, Media Relations
