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GE May Explore Exiting Railroad Business Under New Strategy

October 27, 2017, 07:05 AM
Filed Under: Rail Transportation

The Wall Street Journal reported that GE may be seeking to exit from its railroad business as new Chief Executive John Flannery seeks to steamline the company.

According to the WSJ report, the company is exploring options for the GE Transportatin Division under Flannery's plans to divest the company of more than $20B of assets over the next two years.

Read the full Wall Street Journal story here. 

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