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Wall Street deal-makers enjoy biggest merger boom since 2000

Halliburton Co said on Monday it will buy Baker Hughes Inc for about US$35 billion in cash and stock, creating an oilfield services behemoth to take on market leader Schlumberger.

New York

STOCKS are surging, corporate executives are ambitious and debt is cheap. The result is one of the biggest booms in mergers and acquisitions (M&A).

A US$100 billion worth of mergers made on Monday added to the tally, putting Wall Street on pace for a year of deal-