The Wall Street Journal reported that, during a conference call, GE CEO John Flannery said the company is considering breaking off its major divisions into separately traded units.
Over the past few years, GE has sold off some of its major components, including home appliances and its lending arm, the Journal added.
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2 Replies to “GE CEO Flannery Announces Possible Company Breakup”
What happens to Stock Value
Hoping for an increase. it seems to be priced fairly now, although it is sluggish. The company has lost its exciting tip of the spear edge. What was wrong with GE Capital in the first place that it had to be divested?