[gamblor956]

Money had a large part to do with it. GM upped their bid after the Siemens offer and Siemens didn't respond in kind.

GM now admits they severely overpaid for the French company and in hindsight should have let Siemens buy it because the French assets they acquired were a serious drag on the performance of the post-acquisition GM Power subsidiary.

[Buetol]

I guess that's why they are firing more than 1000 people right now in France, the people building nuclear reactor turbines. Or maybe because it's more strategic to produce those in the US so the french can be at their mercy, I don't know what makes the most sense. Especially since the US tried to bully France when they refused to go to Irak with them, they halted all military exports to France but we are independent enought that it didn't do any dommage.

[vermontdevil]

Ridiculous