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Share of General Electric Co. GE, +2.65% rose 1.0% in premarket trading Wednesday, after closing the previous session at a five-month high, following the industrial conglomerate’s announcement that it launched tender offers to buy back up to $23 billion in outstanding debt. The company said it is using proceeds from the recently closed combination of its GE Capital Aviation Services (GECAS) business with AerCap Holdings N.V.
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