GE Transportation Spinoff And Merger With Wabtec Set, GE Shareholders Won’t See Much In Their Portfolios

GE (GE) is set to close the restructured merger agreement for its transportation business with Wabtec (WAB) on February 25th. As a result, the 25th will also be the distribution date for GE’s transportation business spin off which will be immediately merged into Wabtec. The end result will be a more vertically integrated freight car business that is… Read More »