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SES, GE Sign Buyback Deal

Submit on Friday, February 16th, 2007 12:00

SES Global has agreed to repurchase 103.1 million shares of SES from GE in a transaction valued at 1.2 billion euros ($1.6 billion), SES announced Feb. 14. In exchange, GE will receive shares in a new company, SES International Holdings Inc., to include the AMC-23…

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