Dealmaking in the energy sector has been red-hot lately, and now Schlumberger is getting into the action. The oil services giant agreed to buy Smith International for $11 billion, but the all-stock deal could hit serious antitrust challenges along the way.

Continue reading Schlumberger Bulks Up With an $11 Billion Deal for Smith International

Schlumberger Bulks Up With an $11 Billion Deal for Smith International originally appeared on DailyFinance on Sun, 21 Feb 2010 23:50:00.

Filed Under: Energy, Company News, Investing