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Oil field service giants Halliburton, Baker Hughes in merger talks

A BIG DEAL: Both firms have been affected by a slump in crude oil prices this year.

New York

HALLIBURTON is in talks to buy Baker Hughes, a potential acquisition that would unite two of the biggest oil field service providers in what would be one of the largest energy deals in years, Baker Hughes confirmed.

It is not clear what price Halliburton is considering,...