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Re: [OM] OT: Huge Business Deal

Subject: Re: [OM] OT: Huge Business Deal
From: Chuck Norcutt <chucknorcutt@xxxxxxxxxxxxxxxx>
Date: Sun, 22 Jun 2014 22:13:42 -0400
The kicking and screaming will stop when it makes economic sense.

Chuck Norcutt


On 6/22/2014 12:23 PM, Chris Trask wrote:
      From the BBC:

http://www.bbc.com/news/world-europe-27961448

      In brief, GE sells its railway signal business to Alstrom in exchange for 
three joint ventures with Alstrom's power grid business, renewable operations, 
and nuclear steam turbines.

      Could be a shrewd move as Alstrom increases its prominence in the railway 
business sector.  I would like to see them gain a strong foothold here in the 
US railway business so as to drag us into the 21st century, even if it would be 
kicking and screaming all the way.


Chris

When the going gets weird, the weird turn pro
      - Hunter S. Thompson

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