It's Official. GE Lighting is Publicly For Sale. Details here.

EXCLUSIVE:  MUST CREDIT EdisonReport.

In an internal memo from GE Lighting President and CEO, Bill Lacey says:

  • Early in the process of selling the company
  • Will be as transparent as possible
  • May sell the businesses to different companies.  Specialty may be sold separately from Consumer or Automotive
  • Look at Appliances--they are thriving under new ownership
  • Change breeds opportunity
  • Exciting times
  • Formally beginning discussions

EdisonReport hopes to have a copy of the memo later today.   Developing....