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Stock impact report

Wabtec Files Proxy Statement with SEC

Westinghouse Air Brake Technologies Corporation (WAB) 
Last westinghouse air brake technologies corporation earnings: 2/18 06:58 am Check Earnings Report
US:NYSE Investor Relations: wabtec.com/investors
Company Research Source: GlobeNewswire
WILMERDING, Pa., Sept. 17, 2018 (GLOBE NEWSWIRE) -- Wabtec Corporation (NYSE: WAB) today filed an amended preliminary proxy statement with the SEC relating to its proposed combination with GE Transportation. Wabtec and GE Transportation are progressing the proposed transaction toward an anticipated closing by the first quarter of 2019.  Albert J. Neupaver, Wabtec’s executive chairman, said: “Today’s proxy filing reiterates and reinforces the strategic and financial logic of our planned combination with GE Transportation, to form a diversified, global leader for rail equipment, services and software.  We are even more confident than when we announced the transaction in May that this combination will serve the best long-term interests of our shareholders.” As outlined in May, the strategic and financial rationale for the GE Transportation transaction remains compelling and unchanged. After the Merger: Wabtec shareholders will have ownership in a combined company with a highly attra Show less Read more
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