User 259144

The GE-China Connection Is About to Get a Lot Bigger

GE has no plans sell its NBC Universal media unit, even though investors have repeatedly pressured GE to sell or spin-off a business they say has no real connection to the chief business activities of an industrial and financial conglomerate.

"I always say: ‘Look, it’s a good business. We run it well’," Immelt said. "We’ve never contemplated it [a sale]. We don’t think about it. We like the business."

THE LIAR ALSO SAID THIS ABOUT APPLIANCES!!!