GE Unit to Acquire CIT Aircraft Assets (WJLA-TV Washington D.C.)

STAMFORD, Conn. (AP) - GE Commercial Finance, the business-to-business financial services unit of General Electric Co., said Wednesday that it agreed to acquire about $1 billion in aircraft assets from CIT Group Inc., a provider of commercial and consumer finance services.The sale of a majority of the assets closed on June 30, and the rest of the sold assets will be transferred during the third