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General Electric (GE) Announces Completion of $1.3B U.S. Restaurant Finance Assets Sale
September 19, 2016 9:05 AM EDTGE (NYSE: GE) announced that it has completed the sale of GE Capitals U.S. restaurant financing assets, through a series of separate transactions with regional buyers first announced in June 2016. These combined transactions represent an ending net investment (ENI) of approximately $1.3 billion, as of the end of the second quarter of 2016.
Through the most recent transaction, which closed Friday, September 16, First... More