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GE offer to exchange for SYF shares at 7% discount
#14
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-res...ange-offer
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RE: GE offer to exchange for SYF shares at 7% discount - by DividendGarden - 11-17-2015, 10:17 AM



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