Bids in for INGDirect

GE, Capital One Bid for ING Direct USA: Report

Excerpt:

General Electric (GE) and Capital One Financial(COF) submitted bids for ING's (ING) U.S. online bank last week in a sale that may raise about $9 billion, Bloomberg reported, citing people with direct knowledge of the matter.

Comment: Earlier post: Who will buy INGDirect? | Capital One's ING Play a 'Head Scratcher'