GE Baker Hughes Merge To Form New Energy Firm

GE Baker Hughes Merge To Form New Energy Firm

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Company Logo Banner Picture and Public E-mail handle. All of GE’s oil and gas-associated companies might be folded into the brand new firm which shall be 62.5 percent owned by GE. Baker shareholders will own the remaining and receive a one-time $17.50 dividend. Later this 12 months Google intends to implement a holding company reorganization (the Alphabet Merger ”) which is able to lead to Alphabet owning all of the capital stock of Google.

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