I think GE is going to go back to its core businesses and refocus on them. The company has been growing very strongly. We expect the growth to continue despite a very soft economy. I think at the end of the day they'll wash their hands and move on.
Sixteen percent growth is outstanding. There's no other way to put it.
It looks like it's over to me. Maybe I'm missing something, but they look pretty far apart.
United Tech would look at GE's offer as a ceiling and they would be below that.
The U.S. is much more free market oriented than Europe. That is changing for the better in Europe, but this is not a glowing example of that.
