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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 ...
General Electric Co announced a $11.1 billion deal on Monday to merge its transportation business with U.S. rail equipment manufacturer Wabtec Corp , with GE and its shareholders owning just over ...
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 ...
Wabtec Rail Limited is a railway engineering company based in at the Doncaster Works in Doncaster, England. Services include the overhaul and repair of railway rolling stock and components. Wabtec Rail occupies part of the former British Rail Engineering Limited site known locally as the Plant Works.
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 ...