Wednesday, May 14, 2008

G.E. Looks to Sell Its Appliances Unit

A historic link: other than light bulbs, I think of GE selling appliances. It makes some sense that GE would sell that division, yet the question begs: if the prospective buyer are interested, then there must be some appeal to the appliance business.

General Electric is planning to sell its appliances division, one of the longest-running businesses in the conglomerate’s 120-year history.

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