Actionable news
0
All posts from Actionable news
Actionable news in GE: GENERAL ELECTRIC COMPANY,

GE Stock Lower, Raises Arcam Bid

NEW YORK (TheStreet) -- Shares of General Electric (GE) were declining in mid-morning trading on Thursday as the company increased its bid for Swedish 3D printer maker Arcam (AMAVF) and agreed to purchase German 3D printing company Concept Laser.

The digital industrial company raised its offer to 300 crowns per share from 285 crowns per share, which values Arcam at 6.2 billion crowns, according to Reuters. GE also reduced its minimum acceptance rate to 75%.

"We have taken further steps to pursue Arcam ownership as we advance our...


More