Shares of General Electric (GE) are higher Tuesday on word the company agreed to sell its $1.4 billion restaurant finance business to three regional buyers. First Horizon National (FHN) , which is based in Tennessee, will acquire assets in the Southwest and Southeast. Illinois-based Wintrust Financial (WTFC) will acquire assets in the Midwest and part of the West. While, New York based Sterling National Bank will acquire assets in the east. The remaining assets in the West will be sold separately.
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