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Johnie buys GE 26.08: General Electric: Sale Of The Appliances Unit Cannot Come Soon Enough


According to a Reuters report, General Electric (NYSE:GE) appears to be close to finalizing the deal to sell its iconic appliance business to Swedish firm Electrolux AB (OTC:ELUXF). GE would receive more than $2.5 billion for the business, which is at the ... ...


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