GE (GE) Mulling Bid for Dresser-Rand Group (DRC), Report

Siemens’ (SIEGY) plans to acquire the Houston-based oilfield equipment manufacturer Dresser-Rand (DRC) for $6.1B, became less clear Friday. According to a report from the Financial Times, General Electric (GE) is also in talks with Dresser-Rand Group, weighing the possibility of a bid. It is yet unclear if GE will make an acquisition offer, the report […] View the full post at: GE (GE) Mulling Bid for Dresser-Rand Group (DRC), Report Related posts: CIT Group CEO Jeffrey Peak to Resign CIT Group’s Business Model: Lobby Washington Treasury to Allow a Broader Group of Private Investors to Buy Toxic Assets