Possible GE Sale Has Industry Wondering

摘要

There are more questions than answers surrounding recent reports in the Wall Street Journal and New York Times that General Electric Co.is in the early stages of placing its plastics business on the auction block.The parent company is reported to be seeking bids from as many as six parties,including private-equity investors and plastics firms.Coincidentally or not,the engineering-resins giant also laid off 20 employees at its corporate headquarters in Pittsfield,Mass.,the same day the WSJ report was published.