Federal Court Dismisses Antitrust Claims Against Wabtec-GE Transportation Merger

The United States District Court for the District of Delaware has dismissed all antitrust claims against Wabtec's merger with GE Transportation, ruling that no competitive harm resulted from the merger. However, the court did not dismiss claims related to alleged breaches of contract, which Wabtec intends to defend vigorously. This legal victory has contributed to a 13% increase in Wabtec's share price over the last quarter and bolstered investor confidence. Wabtec reported strong Q1 2025 earnings, including significant growth in net income and earnings per share, supporting positive revenue and earnings forecasts. The company remains committed to shareholder returns through dividend payments and maintains a robust financial strategy, with strategic agreements positioning it well for future growth despite some market challenges. Analysts have an average price target suggesting moderate upside, while Wabtec holds an 'Outperform' brokerage rating, reflecting overall optimism about its prospects post-merger.