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GE to raise $15 billion, Buffett gets preferred stake
General Electric Co plans to raise $15 billion through stock sales -- including $3 billion from Warren Buffett -- to improve liquidity and give it the option of more acquisitions at a time of intense market turmoil, the U.S. conglomerate said on Wednesday.
Posted by: Fred 2008-10-02
http://www.rantburg.com/poparticle.php?ID=251601