Electrolux AB (ADR) (OTCMKTS:ELUXY) To Acquire General Electric Company (NYSE:GE)’s Appliances Business For $3.3 Billion

Boston, MA 09/08/2014 (wallstreetpr) – It’s a bidding time for over 100-years old GE business! Sweden-based Electrolux AB (ADR) (OTCMKTS:ELUXY) announced today that it would be acquiring  General Electric Company (NYSE:GE)’s appliances business in a dealworth $3.3 billion. Quite interestingly, the GE Appliances also is the maker of world’s first electric toaster that laid its foundation […]