Arcam AB fka AMAVF

[flying_trader]

I would say it depends on size of acquirer..

As to how nimble a company can be in response to a competitor making an acquisition your company thinks may be damaging depends on how big the bid is in relationship to your reserves...

For a smaller company like P&W for instance I think they would have to think long and hard before committing the nearly $1B it would take for a decent counter offer...

For an Alcoa, it is more easily done...if they thought it was important they could easily and quickly put in a bid... and I don't know why they haven't... EBM and Metal Powder production is right in the center of their new wheel house... I suppose the splitting process may be complicating their ability to make an acquisition at the moment or maybe they don't want to piss off GE....

I am also surprised we haven't heard from the companies that are currently making LPT blades... but I suppose they feel comfortable knowing that GE will sell them machines...

Cheers