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Monday, September 8, 2014

Deals of the day- Mergers and acquisitions, (NYSE: WHR)

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:** Sweden's Electrolux AB said on Monday it would double U.S. sales by paying $3.3 billion in cash for General Electric Co's appliances business in its biggest ever deal, giving it the scale to go head-to-head with larger rival Whirlpool Corp.

Whirlpool Corporation (Whirlpool) is a manufacturer and marketer of home appliances. Shares of WHR traded higher by 0.37% or $0.57/share to $152.58. In the past year, the shares have traded as low as $124.39 and as high as $160.01. On average, 1178860 shares of WHR exchange hands on a given day and today's volume is recorded at 950117.