Wells Fargo Said to Be Front-Runner to Buy GE Railcar Unit

... auction in 2011 after concluding that the lessor was faring well as freight shipments recovered. A spokesman for Fairfield, Connecticut-based GE declined to comment, as did representatives for Wells Fargo and Tokyo-based Sumitomo Mitsui. GE shares ...

via http://washpost.bloomberg.com/Story?docId=1376-NTRKYE6JIJUT01-1A7LS3UHI37CFR77OITU4DCKR6