Monday, May 21, 2018

GE to Merge Rail Division With Wabtec in $11 Billion Deal

General Electric agreed to merge its railroad business with Wabtec. in a deal valued at about $11 billion, letting GE raise some cash to fund its turnaround and shed one of its oldest operations.

from WSJ.com: US Business https://ift.tt/2rUZWGM
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