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US DOJ closes review of GE Transportation, Wabtec merger

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US DOJ closes review of GE Transportation, Wabtec merger

The U.S. Justice Department closed its review of the pending merger of General Electric Co.'s transportation unit with rail equipment maker Wabtec Corp., the two companies said Jan. 14.

The deal is expected to close by the end of the first quarter, subject to satisfaction or waiver of customary closing conditions.