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GE, Baker Hughes Questioned on Merger as US Seeks More Details

March 7, 2017

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The U.S. Justice Department is seeking additional information from General Electric Co. and Baker Hughes Inc. over the pending merger to create an oil and gas behemoth.

The department’s actions extend the waiting period related to the regulatory review until 30 days after the companies comply, GE and Baker Hughes said Monday in a statement. The deal, subject to a shareholder vote and other approvals, is still expected to close around the middle of 2017. The information requested wasn’t specified.

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