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MPI and WAB to merge
By Railway Gazette International and CMAJ1999-07-01T10:00:00
US railway equipment suppliers MotivePower Industries and Westinghouse Air Brake Company announced on June 3 that they had signed a definitive agreement to merge. Subject to regulatory and shareholder approval, the ’merger of equals’ is expected to be completed by the third quarter of this year. WAB shareholders will receive ...
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