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GE agrees to merger remedies

GE agrees to merger remedies (Credit: chuckthewriter/Flickr)

DoJ wins divestitures in GE/Converteam

Tuesday, 30 August 2011

Ron Knox

General Electirc has agreed to sell off an electric engine manufacturing facility in Minnesota to end the US Department of Justice antitrust division’s concerns that its purchase of France-based Converteam will damage competition.

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