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GE Interested In Halliburton Units

GE is said to be in advanced talks to buy the drill-bits and drillingservices divisions of Halliburton. Prior to the drop in crude prices the divisions were estimated to be worth as much as $5 billion, however it is unknown what these divisions will now bring.

Halliburton is unloading a number of divisions in an effort to pass antitrust restrictions hindering its merger with Baker Hughes.

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