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General Electric (GE) to Acquire Aviation Assets from Avio in $4.3B Deal

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GE (GE) Lower as $3.9B Avio Deal Close

December 18, 2012 10:44 AM EST

Shares of General Electric Co. (NYSE: GE) traded lower early on Tuesday on reports that it was on the verge of finalizing a $3.9 billion deal to buy Italian areospace supplier Avio. According to reports yesterday, GE and private-equity firm Cinven were nearing an... More