August 27, 2009 at 20:03 PM EDT
(GE) General Electric to Sell Security Business
General Electric (GE) is arranging to sell its security business, which makes alarms, surveillance systems and other safety products, and hopes to attract bids in the range of $2 billion for the unit. This move represents GE’s strategy of exiting from non-core businesses. GE has hired JPMorgan Chase & Co. (JPM) to sell the portion of [...] (GE) General Electric to Sell Security Business
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