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General Electric, in a Reorganization, Will Sell Off Its Financial Division.

Authors :
de la MERCED, MICHAEL J.
ROSS SORKIN, ANDREW
Lohr, Steve
Source :
New York Times. 4/11/2015, Vol. 164 Issue 56833, pB1-B3. 2p. 1 Black and White Photograph, 1 Graph.
Publication Year :
2015

Abstract

The article discusses conglomerate corporation General Electric's (G.E.'s) decision to sell off its GE Capital financial services operation as part of a corporate reorganization that began during the 2008-2009 global financial crisis. Topics addressed include the sale of GE Capital's real estate assets, the return of funds to G.E. shareholders through a stock repurchase, and the expansion of GE Capital in the early 2000s.

Details

Language :
English
ISSN :
03624331
Volume :
164
Issue :
56833
Database :
Academic Search Index
Journal :
New York Times
Publication Type :
News
Accession number :
102036021