Energy Focus Inc (EFOI)

[bighalloweenfan]

I herd it first on another board. I read more PR from GE and now I am not sure if lighting is part of it or not,so I migh thave to take that back.I found this. I know the lighting and Appliance business is tied together.

m Bloomberg.com: Hungry U.S. Power Plant Turns to Russia for Coal Shipment

The company was waiting to firm up its acquisition of Alstom SA (ALO)'s energy assets before pursuing options including an outright sale of the appliances business, said one of the people, who asked not to be identified because the process is private. With the Alstom deal now signed, GE is talking to bidders for the white goods unit, the people said.

GE Appliances and Lighting includes refrigerators and stoves that trace their roots to the early twentieth century, electric clothes washers that GE introduced in 1930 and light bulbs, first invented by co-founder Thomas Edison. The unit generated more than $8 billion in sales last year, or 5.6 percent of the company's total revenue. It may fetch $1.5 billion to $2.5 billion in a sale, the people said.