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HALLIBURTON TO SELL HEALTH ECONOMICS CORPORATION

 HALLIBURTON TO SELL HEALTH ECONOMICS CORPORATION
 DALLAS, Aug. 3 /PRNewswire/ -- Halliburton Company (NYSE: HAL)


announced today that it has signed a letter of intent to sell all of the capital stock of its wholly owned Health Economics Corporation (HEC) subsidiary to Equifax Inc. The sale of HEC is subject to, and conditioned upon, the execution of a definitive agreement by Halliburton and Equifax. Terms of the potential acquisition were not disclosed.
 Health Economics Corporation, headquartered in Dallas, Texas, provides a broad range of healthcare cost management services to assist both business and governmental employers to control rapidly escalating healthcare costs. The services include utilization review, processing and management of claims, major case management, preferred provider organization management, healthcare data studies and other cost management services.
 Thomas H. Cruikshank, chairman of the board and chief executive officer of Halliburton Company, said, "The planned sale of HEC to Equifax is part of Halliburton Company's plans to more sharply focus its resources in its two core business segments, the Energy Services Group and its Engineering and Construction Services Group. The sale of HEC and the announcement last week that Halliburton also intends to sell its Highlands Insurance Company subsidiary are consistent with this plan."
 Equifax Inc. is a leader in providing a broad range of information- based administrative services to business, industry and government throughout North America. The administration of the growing healthcare industry is becoming automated at a rapid rate and HEC's expertise in this area closely fits Equifax's objectives as a leader in the information industry.
 Halliburton Company is one of the world's largest diversified energy services, engineering, maintenance, and construction companies. Founded in 1919, Halliburton provides a broad range of energy services and products, industrial and marine engineering and construction services, and property and casualty insurance services.
 -0- 8/3/92
 /CONTACT: Guy T. Marcus, vice president-investors relations, Halliburton Company, 214-978-2691/
 (HAL) CO: Halliburton Company; Health Economics Corp.; Equifax, Inc. ST: Texas IN: HEA SU:


PS -- NY053 -- 6158 08/03/92 12:25 EDT
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Publication:PR Newswire
Date:Aug 3, 1992
Words:334
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