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Haier reportedly cools on GE appliance unit bid (from Corporate Dealmaker)

Not that we need more proof that it's a tough M&A market in which to be a seller, but the International Herald Tribune reported on Thursday that Qindao Haier Ltd. has decided to hold off on a bid for General Electric Co.'s appliance division. The paper quoted a source as...

Posted on October 23, 2008 1:26 PM

GE appliance strategy takes locals by surprise (from Corporate Dealmaker)

General Electric Co.'s plan to sell or divest its Louisville, KY-based appliance business comes as a surprise to locals, from Local 761 union president William T. "Tommy" Spires to Louisville Mayor Jerry Abramson. The strategy, first reported in Thursday's Wall Street Journal (subscription required), would see GE shedding its signature...

Posted on May 15, 2008 10:42 AM