According to a source, General Electric will move its HQ to Boston—meaning Beantown beat out NYC, Providence and Atlanta in their bids for the innovator’s new digs.
GE execs told Boston Gov. Charlie Barker and Mayor Martin Walsh that a formal announcement will come Thursday. The deal was reportedly struck after a lengthy courting process, selling Boston as a hub for innovation, the Boston Globe reports.
The exact HQ address is unconfirmed, but GE’s $150B revenue will make it the biggest public company in MA, wherever it lands. [Globe]
)
)
)
)
)
)
)
)
)
)
)
)