TITLE

INDUSTRIALS

PUB. DATE
January 2005
SOURCE
Investment Dealers' Digest;1/10/2005, Vol. 71 Issue 1, p28
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article focuses on some industrial investment banking database. Paving the way for more such settlements, Halliburton agreed to pay $4.7 billion in asbestos claims, enabling its Dll Industries and Kellogg Brown & Root units to emerge from bankruptcy. The units filed for bankruptcy protection in December 2003, aiming to gain court approval for a settlement with more than 400,000 claimants who said they had been exposed to asbestos or silica, Halliburton inherited most of the asbestos liabilities from its $6.2 billion purchase of Dresser in 1998, Halliburton will pay $2.3 billion into trusts to pay victims.
ACCESSION #
15604182

 

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