GE just got done saying this Q that they were done with aquisitions for the near future. They are going to focus energy on making the 'parts' they have more productive (or something very similar). That being said....I wouldn't count on them.
Too many problems in the management layers for anyone to buy. Good assets no doubt but the managers all got the hands on the rip cord ready to deploy the parachute. If GE buys it they will be buying assets that are all half assed and aging so I think they are a little brighter than that with acquisitions. The stock is down for a reason.