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GE Transportation and WABTEC merging?
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<p>[quote user="CMStPnP"]Wow, GE is retaining a controlling interest 51% in the newly merged combined company in addition to getting money from the spinoff. [/quote]</p> <p>I'm not sure that one can read the deal this way. GE gets 9.9% of the new company's shares, the current GE shareholders 40.2%. I think that is different than GE getting 50.1%<br />Regards, Volker</p>
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