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[quote user="azrail"]GE will be a scant majority owner in the new company (50.1%)[/quote] GE will get a $2.9 billion up-front cash payment and 9.9% of the new company. The GE shareholders get 40.2% and existing Wabtec shareholders 49.9%. 9.9 + 40.2 = 50.1% but that doesn't mean that GE can control these completely. Regards, Volker
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