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Political Factoid
Halliburton
- Second largest company in its industry*
- Lots of well-paid friends in government
- Dick Cheney was former CEO
- Largest U.S. military contractor in Iraq
- Awarded numerous "no bid" government contracts
- Made headlines after the Deepwater Horizon rig explosion
- Had worked with BP and Transocean on the drilling technology
- Pleaded guilty to destroying evidence
- Spent $360,000 on lobbying so far in 2014
- Contributing $615,000 for midterm election candidates
- Will acquire Baker Hughes* for $34.6 billion
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Acquisition of the No.3 company in the field, will make
Hallburton No.1
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