how many shares of wabtec will ge shareholders get

The GEs website under the investors tab doesnt have any mention of spinoff of the transportation business to WAB. Following the completion of the transaction, Wabtecs corporate headquarters will remain in Wilmerding, Pa. Wabtecs Freight Segment will be headquartered in Chicago, and Wabtecs Transit Segment headquarters will remain in Paris. The company merged with GE Transportation on February 25, 2019. How do I know which date 2/25 or 2/26 and if to use the Close or High & Low divided by 2? The inclusion of such statements should not be regarded as a representation that such plans, estimates or expectations will be achieved. Together, we can expand our global reach, strengthen our market capabilities and lead digital innovation across the transportation industry. Wabtec and GE Transportation to Merge, Creating Global Leader for Rail Equipment, Services and Software (PDF). Improve utilization and accelerate path to automation: The seamless combination of GE Transportations digital solutions and analytics systems with Wabtecs electronic systems and Positive Train Control (PTC) capabilities, is expected to improve safety, efficiency and productivity across the transportation industry and accelerate railroads path to advanced train automation. Answers to popular and relevant inquiries. Readers are cautioned not to place undue reliance on any of these forward-looking statements. Visit the companys new website at: www.WabtecCorp.com. Signature Guarantee Programs have been developed and eligible financial institutions which subscribe to such programs are issued "Medallion Guarantee Stamps". Are they held somewhere or will I get actual stock certificates mailed to me? Box 1342Brentwood, NY 11717. A custodial registration requires the names of the custodian and the beneficial owner. Also, an audio replay of the call will be available by calling 412-317-0088 (passcode: 466#). Effective December 2, 2015, General Electric Capital Corporation (GECC) merged with and into GE (the "Merger") to assure compliance with debt covenants as GECC exits the assets planned for disposition. What is the tax basis for the WAB shares received by GE holders? Management has already told investors to expect earnings and, by implication, cash flow to be at the lower end of 2018 guidance -- its most recent guidance implies a $500 million cut in power segment profit, which will be hard to make up elsewhere. The letter from GE HR to retirees in the RSP was not clear at all. WAB ranks lowest in Sentiment; there it ranks in the 29th percentile. GE owns common stock and non-voting convertible preferred stock, which together represent approximately a 24.9% economic interest in Wabtec on a fully diluted basis. Explore GEs recent and historic SEC filings. GE Reverse Stock Split Frequently Asked Questions. At Wabtec, we help our customers overcome their toughest challenges by delivering rail and industrial solutions that improve safety, efficiency and productivity.

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