GE to move headquarters to Boston from Connecticut
By Alwyn Scott NEW YORK (Reuters) – General Electric Co said on Wednesday it will move its global headquarters to Boston and sell its offices in Fairfield, Connecticut, and Rockefeller Plaza in New York City. The decision caps a search that began last summer as Connecticut lawmakers passed a budget that increased taxes by $1.2 billion over two years, drawing protests from some of the state's biggest corporations. GE is restructuring to emphasize its digital and industrial capabilities, making a move to a high-tech intellectual center such as Boston attractive.
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GE to move headquarters to Boston from Connecticut