General Electric agreed to buy Lufkin Industries for about $3.3 billion to add technologies for the oil and gas industry as chief executive officer Jeffrey Immelt raises his bet on energy.
http://www.dailybusinessreview.com/PubArticleDBR.jsp?id=1202595169728&GE_to_buy_Lufkin_for_44_billion_as_CEO_adds_to_energy
http://www.dailybusinessreview.com/PubArticleDBR.jsp?id=1202595169728&GE_to_buy_Lufkin_for_44_billion_as_CEO_adds_to_energy
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