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Federal Court in Delaware Dismisses Antitrust Challenge to Wabtec-GE Transportation Merger
Federal Court in Delaware Dismisses Antitrust Challenge to Wabtec-GE Transportation Merger

National Post

time2 days ago

  • Business
  • National Post

Federal Court in Delaware Dismisses Antitrust Challenge to Wabtec-GE Transportation Merger

Article content PITTSBURGH — The United States District Court for the District of Delaware has dismissed all antitrust claims filed in a lawsuit challenging the merger between Wabtec (NYSE: WAB) and GE Transportation. The Court said no harmful effects on competition resulting from the merger had been shown and also dismissed remaining antitrust allegations. The Court did not grant Wabtec's motion to dismiss alleged breach of contract and other claims, which Wabtec intends to vigorously defend. Article content Kyra Yates, Vice President of Investor Relations for Wabtec said: 'We are pleased with the Court's ruling, which affirms the value and integrity of the Wabtec-GE Transportation merger for the industry and all its stakeholders.' Article content Article content About Wabtec Article content Wabtec Corporation (NYSE: WAB) is focused on creating transportation solutions that move and improve the world. The company is a leading global provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well as the mining, marine and industrial markets. Wabtec has been a leader in the rail industry for over 155 years and has a vision to achieve a sustainable rail system in the U.S. and worldwide. Visit Wabtec's website at: Article content Article content Article content Contacts Article content Media Contact: Article content Article content Tim Bader Article content Article content Article content Article content

Federal Court in Delaware Dismisses Antitrust Challenge to Wabtec-GE Transportation Merger
Federal Court in Delaware Dismisses Antitrust Challenge to Wabtec-GE Transportation Merger

Yahoo

time2 days ago

  • Business
  • Yahoo

Federal Court in Delaware Dismisses Antitrust Challenge to Wabtec-GE Transportation Merger

PITTSBURGH, June 13, 2025--(BUSINESS WIRE)--The United States District Court for the District of Delaware has dismissed all antitrust claims filed in a lawsuit challenging the merger between Wabtec (NYSE: WAB) and GE Transportation. The Court said no harmful effects on competition resulting from the merger had been shown and also dismissed remaining antitrust allegations. The Court did not grant Wabtec's motion to dismiss alleged breach of contract and other claims, which Wabtec intends to vigorously defend. Kyra Yates, Vice President of Investor Relations for Wabtec said: "We are pleased with the Court's ruling, which affirms the value and integrity of the Wabtec-GE Transportation merger for the industry and all its stakeholders." About Wabtec Wabtec Corporation (NYSE: WAB) is focused on creating transportation solutions that move and improve the world. The company is a leading global provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well as the mining, marine and industrial markets. Wabtec has been a leader in the rail industry for over 155 years and has a vision to achieve a sustainable rail system in the U.S. and worldwide. Visit Wabtec's website at: View source version on Contacts Media Contact: Tim Bader+1 Investor Contact: Kyra Yates+1 Sign in to access your portfolio

Federal Court in Delaware Dismisses Antitrust Challenge to Wabtec-GE Transportation Merger
Federal Court in Delaware Dismisses Antitrust Challenge to Wabtec-GE Transportation Merger

Business Wire

time2 days ago

  • Business
  • Business Wire

Federal Court in Delaware Dismisses Antitrust Challenge to Wabtec-GE Transportation Merger

PITTSBURGH--(BUSINESS WIRE)--The United States District Court for the District of Delaware has dismissed all antitrust claims filed in a lawsuit challenging the merger between Wabtec (NYSE: WAB) and GE Transportation. The Court said no harmful effects on competition resulting from the merger had been shown and also dismissed remaining antitrust allegations. The Court did not grant Wabtec's motion to dismiss alleged breach of contract and other claims, which Wabtec intends to vigorously defend. Kyra Yates, Vice President of Investor Relations for Wabtec said: "We are pleased with the Court's ruling, which affirms the value and integrity of the Wabtec-GE Transportation merger for the industry and all its stakeholders." About Wabtec Wabtec Corporation (NYSE: WAB) is focused on creating transportation solutions that move and improve the world. The company is a leading global provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well as the mining, marine and industrial markets. Wabtec has been a leader in the rail industry for over 155 years and has a vision to achieve a sustainable rail system in the U.S. and worldwide. Visit Wabtec's website at:

Wabtec Announces First Quarter 2025 Earnings Release Date
Wabtec Announces First Quarter 2025 Earnings Release Date

Yahoo

time26-03-2025

  • Business
  • Yahoo

Wabtec Announces First Quarter 2025 Earnings Release Date

PITTSBURGH, March 26, 2025--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced it will report 2025 first quarter results before the U.S. financial markets open on April 23, 2025. The company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m. ET the same day. To listen to the call via webcast, visit Wabtec's website at and click on "Events & Presentations" in the "Investor Relations" section. An audio replay of the call will be available by calling 1-877-344-7529 or 1-412-317-0088 (access code: 1346315). About Wabtec CorporationWabtec Corporation is revolutionizing the way the world moves for future generations. The Company is a leading global provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well as the mining, marine and industrial markets. Wabtec has been a leader in the rail industry for 155 years and has a vision to achieve a zero-emission rail system in the U.S. and worldwide. Visit Wabtec's website at View source version on Contacts Wabtec Investor Contact Kyra Yates / / 817-349-2735 Wabtec Media Contact Tim Bader / / 682-319-7925 Sign in to access your portfolio

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