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APR 30, 2014 - TheStreet

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Why Siemens (SI) Stock Is Higher This Morning

NEW YORK (TheStreet) -- Shares of Siemens AG are up 2.48% to $132.15 in pre-market trade today as the technology company said it will make an offer to Alstom if the France-based manufacture of transport and energy infrastructure agrees to give Siemens access to the company's data room and permission to interview the management during a period of four weeks. Alstom said it would study a $16.9 billion offer from General Electric for its energy arm but left the door open for a rival bid from Siemens, according to Reuters.GE's shares are up slightly this morning. Alstom gave ... Read More

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