GE Appliances on Sale

New York Times DealBook: G.E. Looks to Sell Its Appliances Unit. General Electric is planning to sell its appliances division, one of the longest-running businesses in the conglomerate’s 120-year history, a person briefed on the matter said Wednesday.

The DealBook lists the potential buyers as Haier, Bosch and LG. Any surprise that foreign companies are looking to purchase American assets while the dollar is low?

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