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wzebra33

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wzebra33

Re: None

Tuesday, 12/14/2010 12:14:04 PM

Tuesday, December 14, 2010 12:14:04 PM

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GE is offering Wellstream shareholders 780 pence ($12.33) a share in cash plus a special dividend of six pence a share, up from its previous offer of 750 pence a share. The cash portion of the deal is a 4.4% premium to Wellstream’s closing price Friday.Wellstream said the cash and dividend together represent a 29% premium to its share price in September, before the company said it had received a number of preliminary approaches.

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