(Reuters) - General Electric Co is buying oilfield pump maker Lufkin Industries Inc for $2.98 billion, sharply increasing its presence in the fast-growing market to extract oil and natural gas from shale rock, the conglomerate said on Monday.
Ge To Buy Oil Pump Maker Lufkin For Nearly $3 Billion
Reuters: Top News, Reuters
Mon, 04/08/2013 - 9:53am
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