You know that General Electric
I was surprised as you. But when rumors began swirling yesterday that GE could possibly purchase an auto-and-van leasing business from Royal Bank of Scotland
So in short, this rumor isn't quite as strange as it sounds. GE's expanding a business it already knows well. And with RBS under pressure to raise cash to repay its bailout to the British government, chances are GE can squeeze a good price out of a motivated seller. Sounds like good news for GE shareholders.
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