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The battle for French Company alstom is heating up. The biggestuld be tugofwar for a french Industrial Company ever. Matt campbell broke the story. Who has the upper hand between siemens and ge . It seems ge is ahead of the curve. Good morning. On the merits, you are right, ge is more advanced. They made a binding offer. It is something that has been in the works for weeks, if not months. Coming up with something that is much more informal and would need more time to become very serious. Now, that said, there is a degree of political pressure in france of in favor of at least seen this siemens offer considered, which would be a socalled european solution, which might be more acceptable to some portions of the government. Over the last 24 hours we have seen the government backing off of its initial support for siemens. They seem to be walking that back. The smart money would be on ge getting this done one way or another but it would be a bumpy ride. Why is the french government backing

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