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Political Factoid

Cash rich General Electric paid
$3.2 billion for a 90 percent
stake in French electrical equipment
developer Converteam,
after having just recently acquired
Dresser Inc., Wellstream ,
Lineage Power, and Well Support.
This kept the jobs - and profits - overseas.
 
cf. 520, 1200, 1208
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Last updated * 2014-01-09
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