ASEA BROWN BOVERI INC., Stamford, Conn., acquired Combustion Engineering Inc. after CE shareholders approved the merger. ABB bought more than 90% of CE's common stock Dec. 15, 1989, for about $1.6 billion. ABB also purchased Westinghouse Electric Co.'s transmission and distribution operations for about $800 million. SONAT INC. completed acquisition of the common stock of Carlile & Howell Inc., owner of Marshall Exploration Inc., Marshall, Tex. Sonat estimates the acquisition added

In order to access this content, you must be logged-in and have an active subscription to the OGJ Premium Archive


More in Companies