Dow Jones

DANBURY, CONN. — GE Capital’s Commercial Equipment Financing business has signed an agreement to acquire Franchise Finance Corporation of America in a transaction valued at $2.1 billion, including assumed liabilities.

In a press statement Friday, the companies said shareholders of Franchise Finance, a Scottsdale, Ariz., real estate investment trust, would receive $25 in cash for each of their shares. The transaction, which has been approved by the boards of both companies, would value Franchise Finance’s shares at about $1.4 billion.

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