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Friday, 09 January, 2009, 00:40 GMT | more >>

Punters keen on Halliburton offer



By Upstream staff 

Halliburton's offer to exchange its shares for KBR stock was oversubscribed, it said today, adding about 211 million shares were tendered.

Because of the oversubscription, Halliburton said about 40% of the shares submitted will be accepted for exchange.

Stockholders who own less than 100 shares of Halliburton common stock will not be subject to proration, said the company.


Tuesday, 03 April, 2007, 13:24 GMT  | last updated: Tuesday, 03 April, 2007, 13:24 GMT

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