Signature Guarantee Programs have been developed and eligible financial institutions which subscribe to such programs are issued "Medallion Guarantee Stamps". Invest better with The Motley Fool. GE has the right to increase the portion of the merged company owned by GE shareholders (subject to a corresponding reduction in GE's ownership). Securities held in a brokerage account, and registered in the name of the broker or other institution, are referred to as being in "street name" or "beneficial shares." Every U.S. state puts an obligation on shareholders to remain active or their shares will be considered lost. Together we are well positioned to take advantage of the opportunities created by industry trends toward efficiency and improved performance and, with the merger complete, we are focused on leveraging our complementary portfolios to spur growth.. We use cookies to ensure that we give you the best experience on our website. Moreover, transportation is a highly cash-generative business for GE, and exiting it will trim FCF generation in the future. The companys culture and experienced global workforce will leverage the common values of innovation, collaboration, inclusiveness, and Lean and continuous improvement, to help solve its customers toughest challenges. Were continuing to do all we can to support our customers and employees during this unprecedented time. The foregoing list of important factors is not exclusive. At Wabtec, we help our customers overcome their toughest challenges by delivering rail and industrial solutions that improve safety, efficiency and productivity. By embracing diverse teams and perspectives, we are better equipped to build a world that works. All Rights Reserved. Im not sure Ameritrade is handling the action correctly. This is a once-in-a-lifetime opportunity to bring together nearly four centuries of collective experience to create a technologically advanced leader with a highly complementary set of capabilities to move and improve the world. Discover how our people & technology are solving global issues, improving lives, and changing industries. We were advised to turn to websites for further information. Wabtec is a leading supplier of critical components, locomotives, services, signaling and logistics systems and services to the global rail industry. Strategic Combination Will Drive Shareholder Value Creation by Accelerating Innovation in Transportation and Logistics. WILMERDING, PA, (Feb. 25, 2019) Wabtec Corporation (NYSE: WAB) announced today it has completed its merger with GE Transportation, a former business unit of GE (NYSE: GE).
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