BAKER &lt;BKO> TO SELL OILWELL PUMP UNIT

  Baker International Corp said it has
  signed a definitive agreement to sell the assets and business
  of the electric submersible oilwell pump product line in the
  continental U.S. of its Baker Oil Tools Inc subsidiary to Trico
  Industries Inc &lt;TRO> for an undisclosed amount of cash and
  other consideration.
      The company said the transaction is subject to Hughes Tool
  Co &lt;HT> and Baker shareholder approval of the Baker/Hughes
  merger. The U.S. Justice Department has announced that it will
  require divestiture of the product line for approval of the
  merger.
      Baker said the transaction is subject to approval by the
  Justice Department and the boards of Baker, Hughes and Trico.
  

