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GE to present improved offer tomorrow

Jun. 18, 2014 8:19 AM ETGeneral Electric Company (GE) StockGE, MHVYF, ALSMY, SIEGYBy: Yoel Minkoff, SA News Editor5 Comments
  • General Electric (NYSE:GE) will present its improved offer for Alstom (OTCPK:ALSMY) to the French government tomorrow, Reuters reports.
  • After the submission, the French government will judge the new bid in comparison to the joint offer of Siemens (OTCPK:SIEGY) and Mitsubishi Heavy Industries (OTCPK:MHVYF).
  • The Alstom board is expected to give its decision by Monday.

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