Boston-based General Electric Co. (NYSE: GE) closed its sale of interest in Houston-based Baker Hughes, a GE Company (NYSE: BHGE), on Sept. 16.
The deal drew about $3 billion in net proceeds to GE after the underwriters fully exercised their options. The total sale came out to 132.25 million shares of BHGE, which includes those sold via underwriter options, according to a BHGE press release.
The close of that deal also triggered the close of Baker Hughes’ repurchase of about 11.87 million shares…
