General Electric (GE) Adds $4B to Stock Buyback Program

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GE update on SLM Tender Offer

October 21, 2016 1:56 AM EDT

EVENDALE, Ohio--(BUSINESS WIRE)-- GE announced today that it will not extend or change the terms of the tender offer for the outstanding shares of SLM Solutions. The acceptance period expires on Monday, October 24.

GE has offered 38 per share, which is a 38% premium over the SLM stock price as of... More