Shareholders Block GE’s SLM Acquisition, So GE Pivots with Concept Laser Buy

By AI staff on October 31, 2016 News Briefings

Squeamish shareholders last week forced GE to walk away from its plans to acquire German 3D printing company SLM Solutions Group AG, but the U.S. conglomerate agreed to buy another German 3D company instead. GE agreed to buy 75 percent of Concept Laser for €549 million ($599 million) shortly after its bid for SLM failed, according

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