(GE) General Electric to Sell Security Systems Unit
Posted on November 12, 2009 at 11:18 AM EST
General Electric Co. (GE) is in talks to sell its security systems unit, most likely to United Technologies Corp. (UTX), for more than $1.5 billion in an effort to reshuffle its extensive portfolio and raise capital for strategic acquisitions. United Technologies Corp. is a diversified company whose products include Carrier heating and air conditioning, Hamilton Sundstrand [...] (GE) General Electric to Sell Security Systems Unit