Stock and bonus information
As more questions emerge related to the potential acquisition of Baker Hughes by Halliburton, we will continue to update the FAQs section of go/RedBlue. Below you will find today's common questions.
Question: What happens to the Baker Hughes stock that I own through the Employee Stock Purchase Plan (ESPP)?
Answer: If the acquisition of Baker Hughes by Halliburton is approved by stockholders and regulators and consummated, as described in the agreement signed November 17, 2014, here is what happens:
Each share of Baker Hughes common stock you own would be converted into 1.12 shares of Halliburton common stock plus $19.00 in cash.
Additional detail will be sent to recipients of long-term incentive awards.