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- GE in appliance business since 1907
- CEO: Jeffrey Immelt
- 2008 first quarter profits down 19%
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General Electric Company is said to be putting its Louisville, Kentucky-based appliance business on the auction block.
Goldman Sachs Group was chosen by GE to host the auction expecting to fetch $5 to $8 billion.
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General Electric Company
General Electric Company, or GE as it's commonly known, was formed via a merger of Edison General Electric Company and Thomson-Houston Electric Company in 1892. GE is the only remaining member of the original 12 listed on the Dow Jones Industrial Average to still remain today, 111 years after it first appeared. As of March, 2008, GE is the worlds third largest company.Goldman Sachs
Goldman Sachs was founded by Marcus Goldman in 1869 and is the largest investment bank in the world as of 2008.
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General Electric Company is said to be putting its Louisville, Kentucky-based appliance business on the auction block.
Goldman Sachs Group was chosen by GE to host the auction expecting to fetch $5 to $8 billion.
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GE Auction on Amazon
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Tsuyokisu Konoe Sunao Mighty Heart Statue Figure - $53.95
From the hentai PC game and anime, Tsukiyosu: Cool X Sweet comes this Konoe Sunao Statue. The statue is 1:8 scale and feature the cute red head in a white bikini. She is t...Amazon
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GE Auction Questions
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Why is GE investing into Stem Cell Research? 1 AnswerThe aim for GE is to help develop and commercialize cellular assay production. I believe they must have seen an opportunity here to make some money and also be... read more -
Do any of you use GE Money? 1 AnswerWe've used them two time so far, financing new stuff for the AC. First time, we got the six months same as cash option, paid it off in 5 months with no problem... read more -
What are the qualification for attending a Car Auction? 1 AnswerBasically you need money and identification. Below is a link to give you more information. read more -
How do I buy a car at a dealer auction? 4 AnswersYou will need to have a dealer license if the auction is not open to the public, you can always ask a dealership to purchase a car for you, or go through an aut... read more
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Fast Facts
- GE in appliance business since 1907
- CEO: Jeffrey Immelt
- 2008 first quarter profits down 19%
-
General Electric Company
</small> General Electric Company, or GE as it's commonly known, was formed via a merger of Edison General Electric Company and Thomson-Houston Electric Company in 1892. GE is the only remaining member of the original 12 listed on the Dow Jones Industrial Average to still remain today, 111 years after it first appeared. As of March, 2008, GE is the worlds third largest company.Goldman Sachs
</small> Goldman Sachs was founded by Marcus Goldman in 1869 and is the largest investment bank in the world as of 2008. </note>- Also try: General Electric Company | Goldman Sachs
GE Auction Blogs and Commentaries
- Google Blog Search: GE Auction
- Jons Thoughts: GE to Auction or Spin-off Appliance Business (May 15, 2008)
- The Huffington Post: GE Set To Sell Appliance Business (May 15, 2008)
- GE Auction is currently a stub, a brief collection of the best links for this story. The page will be updated as we find more information.
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