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  2. 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 ...

  3. The General Electric and Wabtec Merger: What It Means to ...

    www.aol.com/news/general-electric-wabtec-merger...

    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 ...

  4. Wabtec - Wikipedia

    en.wikipedia.org/wiki/Wabtec

    Wabtec facility, Greensburg, Pennsylvania. Westinghouse Air Brake Technologies Corporation, commonly known as Wabtec, is an American company formed by the merger of the Westinghouse Air Brake Company (WABCO) and MotivePower Industries Corporation in 1999. [6] [7] It is headquartered in Pittsburgh, Pennsylvania.

  5. Analyst: General Electric Just Took A 'Couple Of Steps ... - AOL

    www.aol.com/news/analyst-general-electric-just...

    General Electric Company (NYSE: GE ) jumped more than 4 percent Friday after the company announced a restructuring of its upcoming Wabtec transportation spin-off. The market took the news as a ...

  6. Reverse Morris Trust - Wikipedia

    en.wikipedia.org/wiki/Reverse_Morris_Trust

    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 ...

  7. GE completes three-way split, breaking off from its storied past

    www.aol.com/news/ge-completes-three-way-split...

    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 ...

  8. List of largest corporate spin-offs - Wikipedia

    en.wikipedia.org/wiki/List_of_largest_corporate...

    Spin-off entity Transaction value (in billions USD) Inflation adjusted (in billions 2022 USD) Ref 1 2024 General Electric Company: GE Aerospace, GE Vernova, GE Healthcare: 191 191 [1] 2 2008 Altria Group: Philip Morris International: 108 141 [2] [3] 3 2000 BCE: Nortel: 60 97 [3] 4 2013 Abbott Laboratories: AbbVie: 56 67 [3] 5 2015 eBay: PayPal ...

  9. General Electric to split into three companies: Aviation ...

    www.aol.com/news/general-electric-split-three...

    Yahoo Finance Live anchors discuss General Electric's announcement to split into three publicly traded companies, focusing on aviation, renewable energy, and health care, and what liabilities ...