NEW ORLEANS, Nov. 17, 2014 /PRNewswire/ -- Former
Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the
law firm of Kahn Swick & Foti, LLC ("KSF") are investigating
the proposed sale of Baker Hughes Incorporated ("Baker Hughes" or
the "Company") (NYSE: BHI) to Halliburton Company (NYSE: HAL).
Under the terms of the proposed transaction,
shareholders of Baker Hughes will receive only $19.00 in cash and 1.19 shares of Halliburton
stock for each share of Baker Hughes common stock that they own,
representing an implied price per share of $78.62 based on Halliburton's closing price on
November 12, 2014. KSF is seeking to
determine whether this consideration and the process that led to it
are adequate, or whether the consideration undervalues the
Company.
If you believe that this transaction undervalues the Company
and/or if you would like to discuss your legal rights regarding the
proposed sale, you may, without obligation or cost to you, e-mail
or call KSF Managing Partner Lewis S. Kahn
(lewis.kahn@ksfcounsel.com) or associate Michael J. Palestina
(michael.palestina@ksfcounsel.com) toll free at any time at
855-768-1857.
To learn more about KSF, whose partners include the Former
Louisiana Attorney General, visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
206 Covington St.
Madisonville, LA 70447
SOURCE Kahn Swick & Foti, LLC