PR: Wabtec & GE modify terms of transaction and expect to close by end of February 2019

© Gajus

PRESS RELEASE

“WILMERDING, Pa. and BOSTON, (Jan. 25, 2019) – Wabtec Corporation (NYSE: WAB) and GE (NYSE: GE) announced today they have modified the terms of their merger agreement and publicly filed S4 and S1 registration statements, respectively, with the U.S. Securities and Exchange Commission (SEC). The planned merger of Wabtec and GE Transportation, a business unit of GE, is expected to close by the end of February 2019, subject to satisfaction or waiver of customary closing conditions. At closing, Wabtec plans to report its 2018 fourth quarter and full year results, and to provide 2019 financial guidance for the combined company. Together, Wabtec and GE Transportation will create a stronger, more diversified transportation and logistics company.”