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To: Jack Hartmann who wrote (58693)6/24/2002 3:15:37 PM
From: puborectalis  Respond to of 208838
 
Monday June 24, 11:50 am Eastern Time
GE Sells Global Exchange Unit to Buyout Fund for $800 Million

MENLO PARK, Calif. -- Technology buyout fund Francisco Partners signed a definitive agreement to buy 90% of General Electric Co .'s business-to- business e-commerce unit, GE Global Exchange Services.
The transaction values GE Global Exchange at $800 million, the companies said Monday.
GE OWNS 6.6M SHARES OF ICGE..........?Hmmm