Electrolux To Buy GE Appliance Business For $3.3B

By Tom Zanki (September 8, 2014, 2:29 PM EDT) -- Electrolux AB is buying the appliance business of General Electric Co. for $3.3 billion in cash, representing the largest-ever acquisition for the Swedish home appliance giant as it expands in North America while multinational conglomerate GE refocuses its portfolio, the companies announced Monday....

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