Sunday, March 31, 2013

GE Talked With Dell About Buying Finance Unit - Deal Journal - WSJ

By Sharon Terlep and Kate Linebaugh

General Electric Co?s financial services arm talked with Dell Inc. recently about buying the computer maker?s financing unit, though the talks didn?t lead to a deal, according to people with knowledge of the discussions.

The talks were separate from talks GE has been having with Blackstone Group LP, the private-equity firm that is proposing to take control of Dell, the people said. As part of that plan, Blackstone is considering selling all or part of Dell?s finance business. People familiar with those talks have said GE would be the most likely buyer.

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Source: http://blogs.wsj.com/deals/2013/03/29/ge-talked-with-dell-about-buying-finance-unit/

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