From http://www.prnewswire.com/cgi-bin/micro_stories.pl?ACCT=no&TICK=WE&STORY=/www/story/10-17-2006/0004453746&EDATE
Toshiba Completes Westinghouse Acquisition
Heralds the Dawn of a New Era for Nuclear Energy
TOKYO, Oct. 17 /PRNewswire/ -- Toshiba Corporation today announced its
acquisition of BNFL USA Group Inc. and Westinghouse UK Limited
(collectively Westinghouse), following completion of the final arrangements
with British Nuclear Fuels Limited on October 16, US Eastern Standard Time.
Westinghouse Electric Company is now a Toshiba Corporation consolidated
group company.
The integration of Westinghouse into Toshiba, along with its extensive
expertise in nuclear power generation and nuclear fuel and worldwide market
presence, is of great significance in terms of taking Toshiba Group's
energy systems business to the global level. The powerful combination of
Toshiba and Westinghouse's respective strengths, complementary technologies
and businesses, will position Toshiba as the world's leading nuclear power
group, with an unrivaled business range extending to both BWR*1 and PWR*2
systems.
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We've been trading our assets for cheap consumer goods for some time. Did anybody really think Westinghouse was an American firm?