General Electric, Honeywell forge $45 billion deal

John F. Welch Jr., GE’s chairman, made his 11th-hour bid about noon Friday, interrupting Honeywell directors as they were discussing an earlier offer from United Technologies Corp. The acquisition agreement was signed late Sunday after a frenzy of messages and meetings between the top officials of Honeywell and GE.

DALLAS & BOCA RATON, Fla., Oct 24, 2000 (BUSINESS WIRE) — TXU Energy Services, a subsidiary of TXU (NYSE: TXU), a national provider of integrated energy solutions, and TelePlace Inc., a Florida-based provider of managed services, network connectivity and co-location space, announced today that they have signed a $250 million, 25-year energy management and investment agreement.

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