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GE GE announced today the completion of the spin-off and subsequent merger of its transportation business with Wabtec Corporation WAB. GE Chairman and. 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. Frequently Asked Questions Record Date: GE shareholders must own GE stock by February 14th and hold through February 25th close of trade to be eligible to receive Wabtec shares. Exchange ratio: GE shareholders receive.005371 shares of Wabtec for every 1 share of GE owned.

The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. The General Electric and Wabtec Merger: What It Means to Investors The details behind the deal. RTTNews - General Electric Co. GE on Monday announced the completion of the spin-off and subsequent merger of its transportation business with Wabtec Corp. The deal was agreed upon in. Wabtec and GE Transportation will be combined in a transaction in which GE will i sell a portion of the assets of GE Transportation to Wabtec; ii complete the spin-off or split-off of a portion of GE Transportation to GE. The terms of the spin-off was 0.005371 of Wabtec for each share of GE 1 Wabtec share for each approximately 186 GE shares with a cash-in-lieu rate of $74.6834 for fractional shares. If you have questions, you may send an email.

GE and Wabtec agreed on Monday to a $11.1 billion deal that will merge the transport operations of the two companies. GE shares popped 2.9% on the news. It's hard not to view the deal as a win for. Today, two purpose-driven companies – Wabtec and GE Transportation – are working together toward a common goal: to invent smarter ways to move and improve the world. Meeting at the intersection of solution, innovation. ところで現在のGEはどのビジネスもその産業分野でのシェアが1位か2位であることをビジネス存続の条件としている [16]。この方針はジャックの就任以降に打ち出された。彼は一連のGE改革の成果から“20世紀最高の経営者”と呼ばれた。.

2020/02/17 · View the latest Wabtec WAB stock price, news, historical charts, analyst ratings and financial information from WSJ. P/E Ratio TTM The Price to.

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