Drudge Retort: The Other Side of the News
Monday, June 23, 2014

The board of French rail and energy group Alstom has unanimously voted to accept an offer from General Electric of $17 billion for Alstom's energy business. The joint ventures would cover Alstom's power grid business, renewable operations and nuclear steam turbines. It would reportedly be GE's largest ever industrial acquisition. Alstom employs about 18,000 people in France


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Seems nobody casres.

#1 | Posted by Sniper at 2014-06-23 04:01 PM | Reply | Flag:

#1 | POSTED BY SNIPER AT 2014-06-23 04:01 PM | FLAG: Not even as an investment as GE stock has been pretty lame for years even with the massive tax breaks this administration gave them.

#2 | Posted by MSgt at 2014-06-23 05:23 PM | Reply | Flag:

Seems nobody casres.

#1 | Posted by Sniper

Maybe they are all Freedom Fried. Like your brain. Your dyslexia seems to be getting worse.

#3 | Posted by donnerboy at 2014-06-23 06:48 PM | Reply | Flag:

"Seems nobody casres"

$17 Billion is almost talking real money. Someone cares.

I find it odd that GE stayed out of the railroad end of it, but that was part of the deal.

#4 | Posted by REDIAL at 2014-06-23 07:32 PM | Reply | Flag:

Does GE care about rail business? Probably not, and if they did, that would be some price.

#5 | Posted by CrisisStills at 2014-06-24 08:57 AM | Reply | Flag:

Does GE care about rail business? Probably not, and if they did, that would be some price.

#5 | POSTED BY CRISISSTILLS AT 2014-06-24 08:57 AM | FLAG: GE Transportation Systems [branch] builds locomotives.

#6 | Posted by MSgt at 2014-06-24 04:24 PM | Reply | Flag:

Where did they get $17 Billion? I thought the reason they had not been paying any taxes was because they hadn't been making any money? Must be a low intest government (U.S. government) loan.

#7 | Posted by bogey1355 at 2014-06-24 04:30 PM | Reply | Flag:

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