EQUITY ALERT: The Rosen Law Firm Announces Investigation of Baker Hughes Incorporated Concerning its Proposed Sale to Halliburton Company – BHI

NEW YORK--()--The Rosen Law Firm announces that it is investigating the Board of Directors of Baker Hughes Incorporated (NYSE:BHI) for possible breaches of fiduciary duty and other violations of law by failing to adequately shop Baker Hughes to maximize shareholder value before agreeing to be acquired by Halliburton Company (NYSE:HAL).

If you would like to join the action, go to http://rosenlegal.com/cases-441.html or contact Phillip Kim or Kevin Chan, toll-free at 866-767-3653, or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or obligation to you.

Under the terms of the proposed transaction, shareholders will receive 1.12 Halliburton shares plus $19.00 in cash for each share of Baker Hughes they own. This equates to $78.62 per Baker Hughes share based on Halliburton’s closing price on November 12, 2014. The proposed transaction is valued at approximately $35 billion. The investigation relates to whether the proposal is fair to the public shareholders of Baker Hughes and whether Baker Hughes’ Board breached its fiduciary duties in connection with the proposed sale.

If you currently own shares of Baker Hughes and wish to obtain additional information, please visit the website at http://rosenlegal.com/cases-441.html. You may also contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contacts

The Rosen Law Firm, P.A.
Phillip Kim, Esq.
Kevin Chan, Esq.
Laurence Rosen, Esq.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: 212-686-1060
Toll Free: 1-866-767-3653
Fax: 212-202-3827
pkim@rosenlegal.com
kchan@rosenlegal.com
lrosen@rosenlegal.com
www.rosenlegal.com

Release Summary

The Rosen Law Firm representing Baker Hughes Incorporated shareholders concerning its sale to Halliburton Company – BHI

Contacts

The Rosen Law Firm, P.A.
Phillip Kim, Esq.
Kevin Chan, Esq.
Laurence Rosen, Esq.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: 212-686-1060
Toll Free: 1-866-767-3653
Fax: 212-202-3827
pkim@rosenlegal.com
kchan@rosenlegal.com
lrosen@rosenlegal.com
www.rosenlegal.com