San Diego, CA -- (SBWIRE) -- 11/24/2014 -- An investigation on behalf of stockholder, who currently hold NYSE:BHI shares, was announced concerning whether the takeover of Baker Hughes Incorporated by Halliburton Company for a value of approximately $78.62 per share is unfair.

On November 17, 2014, Halliburton Company and Baker Hughes Incorporated announced an agreement under which Halliburton will acquire all the outstanding shares of Baker Hughesin a stock and cash transaction at a value of $78.62 per share. An investigation was announced by a law firm concerning whether certain officers and directors of Baker Hughes Incorporated breached their fiduciary duties in connection with the proposed acquisition.

Investors who purchased shares of Baker Hughes Incorporated (NYSE:BHI) and currently hold any of those NYSE:BHI shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

Given that at least one analyst has set the high target price for NYSE:BHI shares at $92.00 per share, the investigation concerns whether the offer is unfair to NYSE:BHI stockholders. More specifically, the investigation concerns whether the Baker Hughes Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

Baker Hughes Incorporated reported that its annual Total Revenue rose from over $19.83 billion in 2011 to over $22.36 billion in 2013 and that its respective Net Income declined from over $1.73 billion in 2011 to over $1.09 billion in 2013. On April 17, 2014, Baker Hughes Incorporated announced its first quarter 2014 results. Among other things, Baker Hughes Incorporated reported that its first quarter Revenue rose from over $5.23 billion in 2013 to over $5.73 billion in 2014 and that its first quarter Net Income increased from $267 million in 2013 to $328 million in 2014. On July 17, 2014, Baker Hughes reported its second quarter financial results. Baker Hughes Incorporated announced that its second quarter Revenue rose from over $5.48 million in 2013 to over $5.93 billion in 2014 and that its second quarter Net Income increased from $240 million in 2013 to $353 million in 2014.

Shares of Baker Hughes Incorporated (NYSE:BHI) grew from $39.93 per share in late 2013 to as high as $75.06 per share in early July 2014.

On November 20, 2014, NYSE:BHI shares closed at $64.41 per share.

Those who are current investors in Baker Hughes Incorporated shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com