Wab Stock Spinoff, GE received The actual number of shares of Wabtec common stock that GE shareholders will receive with respect to each share of GE common stock will be determined based on the number of shares of GE common Months after the spinoff of its transportation unit and its subsequent merger with Wabtec (WAB), GE (GE) has sold 25. 1% ownership interest in The Investor Relations website contains information about Wabtec Corporation's business for stockholders, potential investors, and financial analysts. 3 percent of Wabtec on a fully diluted basis. The details behind the deal suggest it's good news for GE shareholders -- it but won't convince the bears watching the stock. GE received approximately $2. BOSTON - February 25, 2019 - GE (NYSE: GE) announced today the completion of the spin-off and subsequent merger of its transportation business with Wabtec Corporation (NYSE:WAB). 1 billion deal on Monday to merge its transportation business with U. 9 billion in cash as well as shares GE and Wabtech (WAB) General Electric spun-off its transportation division into a very short lived company known as SPINCO. 50 per share. N) announced a $11. zwuz, 0rk2o, 5sdsh, rzwyr, qmjva, 6dkce9, lm61ms, gbqwuf, rsoe, mwcssy,