Reply To: GE Wabtec Spinoff

Home Fairmark Forum Taxation of Investments GE Wabtec Spinoff Reply To: GE Wabtec Spinoff

#6696
Lewis-H
Participant

Upon completion of the merger, GE shareholders are expected to collectively own approximately 24.3% of the outstanding shares of Wabtec common stock, and current Wabtec shareholders are expected to collectively own approximately 50.8%. GE will own Wabtec common stock and Wabtec non-voting convertible preferred stock, which together represent approximately a 24.9% economic interest in Wabtec.