Hundreds of Am Law 100 lawyers have landed lead roles on the dissolution of General Electric Co.’s financial unit in a bid by the industrial conglomerate to return $90 billion to shareholders.
Fairfield, Connecticut-based GE announced on April 10 its plans to offload the majority of its GE Capital assets by 2018. The bulk of that divestiture is the $26.5 billion sale of certain real estate and financial assets, about $23 billion of which will be bought by New York-based private equity firm The Blackstone Group and San Francisco-based banking giant Wells Fargo.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
