Equipment leasing firm Comdisco has signed an agreement to sell certain U.S. healthcare leasing assets to GE Capital Healthcare Financial Services.
Under the terms of the deal, GE will pay Comdisco of Rosemont, IL, approximately $165 million for the assets, including assumption of approximately $45 million in related secured debt. The firms expect the deal to close by May 31.
The agreement is subject to approval by the U.S. Bankruptcy Court for the Northern District of Illinois, which has scheduled a hearing for April 18. The court approval process is also subject to higher or otherwise better offers, according to Comdisco.
By AuntMinnie.com staff writersApril 4, 2002
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