GE to Acquire a 25% Share of BAC

©image: www.bac.net

Beginning in July, the financial group GE Money has the option to purchase additional shares.

Édgar Delgado wrote for the El Financiero website: GE Money bought 49.99% of BAC shares in May 2005. The original contract established the option that the parties could modify their shareholding participation beginning in the third quarter of 2009 and during a period of three years thereafter."

Source: elfinancierocr.com

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