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NEW YORK (

TheStreet

) --

General Electric

(GE) - Get General Electric Company Report

is shopping its security business, which makes everything from fire alarms to surveillance cameras for homes and businesses, according to a report Wednesday by

Bloomberg

, citing three people with knowledge of the matter.

GE hired

JPMorgan Chase

(JPM) - Get JPMorgan Chase & Co. Report

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to advise it on the sale, which could fetch $2 billion, the report stated.

Potential buyers for the business could include

Tyco International

(TYC)

and

United Technologies

(UTX) - Get n.a. Report

, according to the report.

The news appeared to have no immediate effect on shares of GE, which closed down 1.33% to $14.11.

--

Written by Dan Freed in New York

.