GE Wooed by Texas After Home State Connecticut Increases Taxes

Governor Greg Abbott's overtures are a sign that the newly elected governor will continue to try and lure companies from other states, much like his predecessor.

Texas Governor Greg Abbott speaks at a joint press conference February 18, 2015 in Austin, Texas.

Photo by Erich Schlegel/Getty Images
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Texas Governor Greg Abbott knows a good opportunity when he sees it.

Abbott, a Republican, penned notes to executives at Connecticut-based General Electric Co., Aetna Inc. and Travelers Cos Inc. imploring them to pack up and move after lawmakers there raised taxes by more than $1 billion.