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Oilfield services provider Halliburton Co and smaller rival Baker Hughes Inc announced the termination of their $28 billion merger deal on Sunday after opposition from U.S. and European antitrust regulators. It is the latest example of a large merger deal failing to make it to the finish line because of antitrust hurdles. "Challenges in obtaining remaining regulatory approvals and general industry conditions that severely damaged deal economics led to the conclusion that termination is the best course of action," said Dave Lesar, chief executive of Halliburton.
BOSTON (AP) — Christian Vazquez hit a two-run homer over the Green Monster to break a seventh-inning tie Sunday night, sending the Boston Red Sox to an 8-7 victory over the New York Yankees and a three-game sweep of their archrivals.