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JUN 24, 2014 - Yahoo! News

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Alstom and GE chiefs celebrate 'three-fold win'

By Gilbert Reilhac BELFORT France (Reuters) - In a joint trip to the eastern town of Belfort that is the cradle of their cooperation in France, the bosses of Alstom and General Electric defended their tie-up as good for business, jobs and France. French train and turbine maker Alstom agreed over the weekend a $16.9 billion deal with GE that had been fiercely challenged by the French government and will be the U.S. conglomerate's biggest acquisition ever. To win over the government, GE has in the past weeks taken out full-page French newspaper ads reading "Tomorrow will be made in ... Read More

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