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General Electric (GE) abandons SLM acquisition - Bloomberg

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General Electric (GE) Says Tender Offer for SLM Solutions Lapsed, Minimum Not Met

October 26, 2016 12:40 PM EDT

GE (NYSE: GE) announced that the minimum acceptance condition for tendered shares of SLM Solutions of Germany was not satisfied at the time of the expiration of the acceptance period on Monday, October 24. Consequently, the offer has lapsed.

GE made a very... More