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Friday, April 10, 2015

GE retreats from banking business, sells GE Capital for $26.5B

FAIRFIELD, Conn. -- General Electric announced it is shedding its financial arm, GE Capital, and much of its real estate holdings to simplify the multinational conglomeration and refocus the company on its industrial roots.



via Fairfield Newswire http://www.bignewsnetwork.com/index.php/sid/231828681

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