Jack Welch: “I like the package. It looks like a smart move and right…”

April 11, 2015 7:40 PM

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General Electric‘s (LON: GEC) up 37.31% or $7.09 to $26.09 move to effectively get out of the financial services business was being met with generally positive commentary on Wall Street, and the stock price early Friday reflected that optimism.

Former GE Chairman and CEO Jack Welch wrote to CNBC: “I like the package. It looks like a smart move and right for the changing financial landscape.”

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