Notice to holders of General Electric Company Series D preferred stock. GEs annual dividend yield is 0.42%. Wabtec brings to market a robust installed base of more than 23,000 locomotives globally, an expanded global reach, a strong mix of products and services, as well as enhanced capabilities to drive innovation faster in key growth areas. Every U.S. state puts an obligation on shareholders to remain active or their shares will be considered lost. I wrote to GE investor relations and received the below response, hope this is helpful, 'The inclusion of the per share dividend amount in income, which is
GE also received approximately $2.9 billion in cash at closing. An analyst with a more pessimistic approach would worry about continued deterioration in the power segment and therefore see the cash from Wabtec as small potatoes compared to what GE could need to realize its restructuring plans while maintaining its current dividend. This communication contains forward-looking statements as that term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995, including statements regarding the proposed transaction between GE and Wabtec. I am totally confused. Effective immediately, Wabtec Chairman Albert J. Neupaver has been re-appointed executive chairman of the company, while Raymond T. Betler remains Wabtecs president and CEO. Both companies are expected to benefit from the cyclical tailwinds they are experiencing as industry conditions improve. Deliver improved customer outcomes through expanded monitoring and services: Together, the combined company will have an expanded footprint of skilled technicians and repair shops that will result in a simpler customer interface and a more streamlined services experience. GE to merge transportation unit with Wabtec in $11.1 billion deal You can also access the link by going to www.wabtec.com and clicking on the Webcasts tab in the Investor section. DSPP Some companies offer DSPPs, so please visit your online account to determine if a plan is available to you. Tim WesleyTwesley [at] Wabtec [dot] comclass="spamspan"