GE (GE) is attempting for the second time to sell its railcar leasing unit, which could be worth...

|By:, SA News Editor

GE (GE) is attempting for the second time to sell its railcar leasing unit, which could be worth over $3B, a source says. GE expects to receive initial bids next week, with the auction coming as the firm trims its GE Capital unit and refocuses on its industrial businesses.