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Friday, August 29, 2014

Quirky drops pursuit of GE appliance unit

... of stagnant sales. GE is selling the appliance division as Chief Executive Officer Jeffrey Immelt focuses the Fairfield, Conn.-based company on higher-margin industrial products. The unit could fetch at least $2 billion in a sale, people with ...



via Fairfield Newswire http://www.crainsnewyork.com/article/20140829/TECHNOLOGY/140829826/quirky-drops-pursuit-of-ge-appliance-unit?CSAuthResp=1%3A573547438570790%3A220276%3A3%3A24%3Aapproved%3AD53F5112474EB87B145077B433B53D5F&=

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