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ALSMY - Bombardier scales back to focus on business jets
Alstom ADR
Alstom (OTCPK:ALSMY) has reached a preliminary $7B deal to acquire Bombardier's (OTCQX:BDRAF, OTCQX:BDRBF) train business as the latter looks to radically shrink its business amid production problems, order delays and rising costs, WSJ reports.
More news on: Bombardier Inc.A, Bombardier Inc.B, Alstom SA,