General Electric has transformed in the past decade. The Fairfield, Connecticut, company slimmed itself down from a massive conglomerate that made microwaves, movies and jet engines to a trimmer company focused on its industrial business. It has sold or spun off businesses that don't fit with its industrial goals, such as NBC Universal and its credit card business.
On Friday, GE announced its latest deal: It will sell most of its financial business, GE Capital, over the next two years for about $26.5 billion.
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