ALSMY - How Did GE Mess Up Its Alstom Power Acquisition?
Last week we published "How Did GE Mess Up Its Baker Hughes Acquisition?" and promised to follow up with an article on GE's (GE) acquisition of the Alstom Power (AOMFF) (ALSMY). GE's poor track record of deal making can be best summarized in these two marque transactions. Both transactions boosted the potential to transform GE into a better version of itself and investors were convinced it was the right thing to do at the time. If the biggest mistake for GE's investment in Baker Hughes was the short few