Day Tradexchange Inc
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Company profile

Day Tradexchange, Inc., formerly Syndication, Inc., is a consulting company engaged in acquiring controlling interest in or to participate in the creation of, and to provide financial management and technical support to development stage business, e-commerce businesses, and traditional brick and mortar businesses. It specializes in project development services for private and public client companies. It also assists client companies in evaluating, structuring and negotiating joint ventures, strategic alliances, joint marketing agreements and other corporate transactions. It also provides advice on corporate finance, financial reporting and accounting operations. It offers a range of consulting services, such as reverse mergers and acquisitions, specific asset acquisitions, capital investment, debt investment, market development, transfer agent service advice, management and management placement, development and implementation of business models, and Internet marketplace and technology.

Closing Price
$0.002
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
0.002
Day's Low
0.002
Volume
2,500

GE sets record date for transportation spinoff

5:01 pm ET February 4, 2019 (MarketWatch)
Print

General Electric Co. (GE) said late Monday it has set a record date of Feb. 14 for the spinoff of Transportation Systems Holdings Inc., or SpinCo, which will hold a portion of GE Transportation, a business unit of GE. As previously announced, immediately after the spin-off SpinCo will merge with a subsidiary of Wabtec Corporation (WAB) and SpinCo will continue as the surviving company. The spinoff and merger are expected to take place Feb. 25 subject to some closing conditions. Upon closing, GE shareholders will own about 24.3% of the outstanding shares of Wabtec common stock, and Wabtec shareholders will own approximately 50.8%. GE will own Wabtec stock and Wabtec non-voting convertible preferred stock, which together represent approximately a 24.9% economic interest in Wabtec. The terms were amended in January (http://www.marketwatch.com/story/ges-stock-gains-after-ge-transportation-wabtec-merger-terms-amended-2019-01-25). Shares of GE fell 0.3% in the extended session after ending the regular trading day up 0.2%.

-Claudia Assis; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

February 04, 2019 17:01 ET (22:01 GMT)

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