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BUSINESS
December 15, 1994 | From Times Staff and Wire Reports
GE Unlikely to Accept Minority Role: Sources familiar with recent conversations between Turner Broadcasting System and NBC said they believe that NBC's parent corporation will demand at least 51% control of the resulting company if Turner and NBC combine in a merger. The Wall Street Journal reported that Turner is "pressing forward" with a proposal to give General Electric Co. a 35% stake.
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BUSINESS
January 22, 2008 | From Times Wire Services
General Electric Co. said it was studying a possible deal with Spanish real estate firm Colonial. "To date, no decision has been made," Fairfield, Conn.-based GE said. GE, which already owns 1 billion euros, or $1.47 billion, worth of Spanish property assets, said it would need to study financial, legal and fiscal data regarding financially struggling Colonial.
BUSINESS
May 26, 1992
Alpharel Inc. in Camarillo said it was selected by General Electric Co. to install a document-imaging system at the material services department of GE's nuclear energy unit. The award's value was not disclosed. The GE department handles customer orders and related business documents. This will be the third Alpharel imaging system provided to GE, Alpharel said.
BUSINESS
November 1, 2007 | From Times Wire Services
Peacock Equity, a venture capital fund owned by General Electric Co.'s commercial finance and NBC Universal divisions, said it made an investment in 4Info, a text-messaging and advertising company. 4Info will help GE's media division send targeted ads when users seek information or receive alerts using text messages, New York-based Peacock Equity said.
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