GE, Alstom agree on acquisition price but political concern, rival bids may hold up deal

  • by: JONATHAN FAHEY , Associated Press
  • Updated: April 30, 2014 - 1:56 PM

NEW YORK — General Electric inched closer to buying the energy-related businesses of France's Alstom by making a $16.9 billion bid, but rival offers and the concerns of French politicians may hold up or scuttle the deal.

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