Cornerstone Research analyzed the competitive implications of the target company’s financial position in GE’s multibillion-dollar acquisition of Alstom’s energy-related business. Retained by Skadden, Arps, Slate, Meagher & Flom Counsel for GE retained Cornerstone Research and Professor Anil Shivdasani of the University of North Carolina to analyze antitrust issues raised by the European Commission (EC) in its investigation of the GE-Alstom merger. The Commission approved the transaction on September 8, 2015, pending GE’s sale of part of Alstom’s heavy- duty gas turbine business. Professor Shivdasani presented his results in front of a panel of EC antitrust authorities. In April 2014, GE made an offer to acquire Alstom’s thermal power, renewable energy, and grid business sectors for $13.5 b

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