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COPYRIGHT 2004 United Press International
WILTON, Conn., Nov. 24 (UPI) -- General Electric of Wilton, Conn., Tuesday agreed to acquire Ionics Inc. of Watertown, Mass., for about $1.1 billion plus debt.
GE said it plans to fold the company into its own water-services business.
Ionics specializes in desalination, water reuse and recycling, and industrial...
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