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Wabtec, GE Tweak $11B Rail Merger With Eye On Feb. Close

By Benjamin Horney ( January 25, 2019, 5:48 PM EST) -- Wabtec Corp. and General Electric Co. on Friday revealed modifications to a previously announced $11.1 billion deal that will see GE Transportation merge with Wabtec, with the companies saying Wabtec shareholders will now own more than 50 percent of the merged entity....

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