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Based on the number of shares of GE and Wabtec common stock outstanding on Dec. 31, GE shareholders are also expected to get about 0.005403 of a share of Wabtec common stock for each share of GE ...
The details behind the deal suggest it's good news for GE shareholders -- it but won't convince the bears watching the stock. Skip to main content. News. Need help? Call us! 800-290-4726. Login ...
The board of directors of railroad products manufacturer Wabtec was busy yesterday, announcing it was increasing its quarterly dividend payment by 60% while simultaneously splitting the company's ...
On February 25, 2019 General Electric completed the transfer of its transportation products division to Wabtec, receiving a distribution of Wabtec shares and $2.9 billion cash. [ 8 ] On May 17, 2021 AT&T announced that it was spinning off its content subsidiary WarnerMedia and merging it with Discovery, Inc. to form a new company, Warner Bros ...
On May 21, 2018, GE and Wabtec confirmed the merger of GE Transportation with Wabtec in an $11 billion deal, completed on February 25, 2019, which saw Wabtec shareholders take a 50.8% shareholding in the merged company, with GE shareholders owning 24.3% and GE itself 24.9%.
CHICAGO (Reuters) -General Electric on Tuesday completed its breakup into three companies, marking the end of the 132-year-old conglomerate that was once the most valuable U.S. corporation and a ...