September 11, 2015 News: KKR & Apollo Pursue GE's Finance Arm
October 13, 2015 WMIH 8-K: "ceased discussions" on a potential acquisition.
October 14, 2015 News: Wells Fargo buying GE specialty finance assets
Looks like we got outbid by Wells Fargo in my humble opinion. I'm not surprised. Very rarely is a private equity group going to outbid a strategic bank or finance company in a competitive bid.