More merger and acquisition news, this time GE and Baker Hughes
WSJ reports:
- GE has approached Baker Hughes about a takeover ..."according to people familiar with the matter"
- The transaction would be the biggest in the history of GE
- Baker Hughes market value is around $23 billion
- Could go for more than $30 billion in a takeover
More added - Bloomberg report now GE saying it isn't discussing an outright purchase of Baker Hughes
