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May 15, 2008

GE Starts its Bust Up

GE, a company that should go through a classic series of spin-offs to focus on its core business, has started the process of divesting some of its units.  The problem? It is divesting its appliance unit, its best known consumer brand.  Many, many shareholders associate GE with appliances, even though the unit is a small part of its overall business.  This could get interesting folks.

May 15, 2008 in Corporate Governance | Permalink

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