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To: patron_anejo_por_favor who wrote (123157)5/14/2008 10:25:22 PM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
Report: GE set to auction appliance business

news.yahoo.com

FAIRFIELD, Conn. - General Electric Co. plans to auction off its appliances business, The Wall Street Journal reported Wednesday.

GE has hired Goldman Sachs Group Inc. to run an auction for the appliance division, according to the newspaper, which quoted unidentified sources. The sale could yield between $5 billion and $8 billion, the Wall Street Journal reported