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Wednesday, March 20, 2013

GE Says No Plan to Spin Off Finance Arm Making 50% of Profit

... Schwartz. Cutting ties with the finance division would hurt GE shareholders instead of benefiting them because the Fairfield, Connecticut-based company trades at a price that's higher than its value if broken up, Jeff Sprague, an analyst at Vertical ...



via Fairfield Newswire http://washpost.bloomberg.com/Story?docId=1376-MJYQ1H6TTDUO01-3PTIKHF21UQ4A5LBA8MR8SB27I

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