Halliburton Buying Dresser Industries in $7.7 Billion Stock
1998 3 1 By Staff March 1, 1998. Halliburton Co. and Dresser Industries Inc. announced a $7.7 billion merger Feb. 26, which they say will create an oilfield services and engineering and construction company with the broadest range of services to the petroleum industry worldwide. In an agreement approved by the boards of both firms, Dresser shareholders