Baker Hughes’ $13.6 Billion Chart Deal Gets EU Timing Shift—Why BKR Shares Moved
Baker Hughes stock fell early Friday in the U.S. after Reuters said the EU’s antitrust watchdog will rule by June 26 on the group’s planned $13.6 billion buyout of Chart Industries. BKR traded at $65.41 on Nasdaq, down 0.59% as of 9:55 a.m. EDT, Google Finance showed. The Dow, S&P 500, and Nasdaq Composite were all up at that point, so BKR lagged the broad market early.