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GE announced its 2014 results this morning, capping a year in which the company launched the biggest acquisition bid in its history for Alstom, took public its consumer lending business, Synchrony, and announced the sale of its Appliances business to Electrolux.
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When the Audax Group acquired Aavid Thermaloy, a top maker of heat sinks and cooling systems for everything from PCs to EVs, in late 2012, the private equity firm used a loan from GE Capital to close the transaction. Sounds like a plain vanilla financing deal, but it did not stop there.