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Friday, November 15, 2013

GE to Conclude Immelt's Plan to Trim Finance Business by 2015

... will be sold in a 2014 initial public offering, GE Capital CEO Keith Sherin said today at an investor meeting in Norwalk, Connecticut. In a second step, the remaining shares will be distributed to GE stockholders in a tax-free transaction. Divesting ...



via Norwalk Newswire http://washpost.bloomberg.com/Story?docId=1376-MVYY306JIJWM01-7ES3MEPRSBOUDF2NPDM7N6P00K

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