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    GE to merge transportation unit with Wabtec in $11.1 billion deal - Reuters /Link


    Reuters

    GE to merge transportation unit with Wabtec in $11.1 billion deal
    Reuters
    (Reuters) - General Electric Co (GE.N) announced a $11.1 billion deal on Monday to merge its transportation business with U.S. rail equipment manufacturer Wabtec Corp (WAB.N), with GE and its shareholders owning just over half of the combined business.
    GE Offers a Blueprint for Its Great UnwindBloomberg
    GE's stock surges into bull-market territory after deal to merge transportation unit with WabtecMarketWatch
    GE Transportation, Wabtec Corp. merge in $11 billion dealUSA TODAY
    Barron's -Washington Post -Yahoo Finance -RailwayAge Magazine
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    Published on 21 May 2018 at 04:51PM








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