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GE Buys Citigroup's Truck Finance Unit for $4.4 Billion
USA - Bloomberg - Nov. 22 / 2004 -- General Electric Co. agreed to buy a Citigroup Inc. business that provides lending and leasing to the trucking industry for $4.4 billion in cash to expand its commercial finance unit where it already has customers.
... Sales of heavy-duty commercial trucks used for cargo hauling are rising as trucking companies demand new and replacement vehicles. ...
posted by Unknown @ 4:45 PM
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