General Electric (GE) was the first to announce a split of the company into three separate public companies, focusing on energy, healthcare, and aviation, which will put to end the history of the 129-year-old conglomerate that was once the most valuable company in the United States.
LAST week, one major Dow Jones Industrial Average constituent and another former big name of the 30-stock index announced plans to split their companies in a move to create value for their respective business units.
General Electric (GE) was the first to announce a split of the company into three separate public companies, focusing on energy, healthcare, and aviation, which will put to end the history of the 129-year-old conglomerate that was once the most valuable company in the United States.
