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Wednesday, November 19, 2014

 

GE Moves Further Away From Consumers With Sale of Appliances Unit - WSJ

By Jonathan Cheng

General Electric's deal to sell its appliance business to Electrolux AB for $3.3 billion is part of a shift driven by Chief Executive Jeff Immelt to focus the conglomerate on finance and industrial equipment.

http://online.wsj.com/articles/appliances-sale-shifts-ge-further-away-from-consumers-1410197984