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News & Press: Headlines

GE Completes $3 Billion Acquisition of Dresser, Inc.

Thursday, February 3, 2011  
GE announced the successful closing of its $3 billion acquisition of Dresser, Inc., a global energy infrastructure technology and service provider, from funds managed by Riverstone Holdings LLC and First Reserve Corporation, Dresser management and its other stockholders.

The Dresser businesses will be integrated into GE’s Energy Services and Power & Water business units. More...