Thursday, 12 July 2007

GE plans to sell WMC subprime lending unit: memo

(Reuters) - The memo said GE would disclose the plan in a conference call on Friday when it is due to report second-quarter financial results and that Morgan Stanley had been selected to advise on the deal.




A spokesman for Fairfield, Connecticut-based GE declined to comment.


Read more at Reuters.com Bonds News

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