Halliburton's Exchange ratio offer on KBR.

Halliburton's offer the KBR maximum exchange ratio of 1.595 and on top of that with a discount of 7.5% is interesting but KBR forecast on sale is on the downtrend, I think this should be last for a short while.

What I have searched so far is:-
The analysts that rate KBR is a "HOLD" and for the charting side is bearish.
The KBR company senitment is bad .
KBR Peer and industry comparison .

Does US slow down affect KBR business?

Will the stock price fall after spin-off? if yes, is a good time to buy them. if not, forget it!

Company Description:-
A global engineering, construction and services company supporting the energy, petrochemicals, government services and civil infrastructure sectors.

Background:-
From building naval ships in WWII to fighting oil-well fires, delivering gas, and serving meals in Iraq, KBR (formerly known as Kellogg Brown & Root) has a red hot history. Other services include providing engineering, construction management, project management, and facilities operations and maintenance services to military and governmental entities, as well as to the oil and gas, infrastructure, pulp and paper, power, and process industries. KBR streamlined its operations and split into two divisions: government and infrastructure, which accounts for about 80% of sales, and energy and chemicals. Oil field services giant Halliburton is spinning off 20% of KBR through an IPO.