Sep. 16, 2009 (Business Wire) -- Attorney Advertising. The law firm of Wolf Haldenstein Adler Freeman & Herz LLP is investigating possible breaches of fiduciary duty by the Board of Directors of BJ Services Co. (“BJ Services”) [NYSE:BJS] arising out of the proposed acquisition of BJ Services by Baker Hughes Incorporated.

On August 31, 2009, Baker Hughes Incorporated announced that it would acquire BJ Services in a combination of cash and stock. Under the terms of the agreement, BJ Services stockholders will receive 0.40035 shares of Baker Hughes Incorporated stock and cash of $2.69 in exchange for each share of BJ Services common stock. Pursuant to this proposed transaction, Baker Hughes may be underpaying for BJ Services, thus unlawfully harming BJ Services shareholders.

Wolf Haldenstein has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in U.S. federal and state courts. Please visit the Wolf Haldenstein website (http://www.whafh.com) for more information about the firm.

If you own BJ Services common stock and you wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Attorney Advertising. Prior Results Do Not Guarantee A Similar Outcome.