By Yahoo! News – May 14, 2008
FAIRFIELD, Conn. - General Electric Co. plans to auction off its appliances business, The Wall Street Journal reported Wednesday.
GE has hired Goldman Sachs Group Inc. to run an auction for the appliance division, according to the newspaper, which quoted unidentified sources.
The sale could yield between $5 billion and $8 billion, the Wall Street Journal reported.
G.E. entered the appliance business in 1907
May 14, 2008 Posted by Admin | Commentaries, In the news | | 1 Comment
I’m a former U.S. Marine, born-n-raised in Corpus Christi, TEXAS, who proudly served this beloved country during the Viet-Nam era … I love GOD, Jesus Christ, Mother, Apple-pie, and especially my little female Toy Poodle “Brandy”.
General Electric – getting out of the appliance business forever
By Yahoo! News – May 14, 2008
FAIRFIELD, Conn. - General Electric Co. plans to auction off its appliances business, The Wall Street Journal reported Wednesday.
GE has hired Goldman Sachs Group Inc. to run an auction for the appliance division, according to the newspaper, which quoted unidentified sources.
The sale could yield between $5 billion and $8 billion, the Wall Street Journal reported.
G.E. entered the appliance business in 1907
May 14, 2008 Posted by Admin | Commentaries, In the news | | 1 Comment