U.K. GEC DECLINES COMMENT ON U.S. PURCHASE RUMOUR
General Electric Co Plc <GECL.L> (GEC)
declined comment on rumours on the London stock market that it
is planning another purchase in the U.S. Medical equipment
field, in addition to its existing U.S. Subsidiary <Picker
International Inc>.
    A GEC spokesman said that it is company policy not to
comment on acquisition rumours.
    Stock Exchange traders said the rumour helped GEC's share
price to rise 5p, to a final 206p from yesterday's closing
price of 201p.
 Reuter
