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+--- Thread: GE offer to exchange for SYF shares at 7% discount (/showthread.php?tid=1384)
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RE: GE offer to exchange for SYF shares at 7% discount - dividends4me - 11-09-2015
I'm going to hang on to my GE shares as well.
RE: GE offer to exchange for SYF shares at 7% discount - DividendGarden - 11-17-2015
GE (NYSE:GE) says its offer to shareholders to exchange its common stock for shares of Synchrony Financial (NYSE:SYF) was oversubscribed by 3.2 times.The exchange will reduce the outstanding float of GE common stock by about 6.6% (671M shares), the equivalent of a $20.4B GE stock buyback.
http://seekingalpha.com/news/2934276-results-of-the-synchrony-financial-exchange-offer