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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. 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 ...

  5. Wabtec, GE Transportation Merge To Form Transportation ... - AOL

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    Westinghouse Air Brake Technologies Corp (NYSE: WAB ) will merge with the transportation segment of General Electric Company (NYSE: GE ) to create Transportation Systems Holdings, a rail equipment ...

  6. Wabtec - Wikipedia

    en.wikipedia.org/wiki/Wabtec

    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%.

  7. GE to merge transportation unit with Wabtec in $11.1 bln deal

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    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 ...

  8. General Electric's Transformation Gains Steam With Wabtec Deal

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  9. General Electric (GE) to Divest BioPharma, Closes Wabtec Deal

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