October 2009: Baker Hughes’ Acquisition of BJ Services

Stock: BJ Services

Symbol: BJS

Buyout Terms: Baker Hughes (BHI) is paying $2.69 cash plus 0.40035 shares of stock (currently $46.50) for each BJS share

Est. Closing Date: December 31st

Today’s date: October 20th

Today’s price: $20.87

Projections:

$/% Gain: $0.44/2.09%

Time frame: < 3 months

Annualized return: +10.6%