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Conglomerate

First GE, now DuPont. Corporate deconglomeration is having a moment.

by Daniel Ackerman
May 23, 2024
DuPont said it will split into three companies focused on water, electronics and chemicals. Investors and antitrust officials may be watching.
Mark Makela/Getty Images
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Shelf Life

How one of the U.S.'s most iconic companies nearly flickered out

by Thomas Gryta and Ted Mann
Jul 21, 2020
Author Tom Gryta explains how General Electric's place in the economy fell so quickly.
The logo at the entrance of GE's aviation engine overhaul facility in Brazil in 2016.
Yasuyoshi Chiba/Getty Images
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Could shedding assets spell a breakthrough for troubled GE?

by Amy Scott
Feb 25, 2019
General Electric today announced the sale of its biopharmaceutical business for more than $21 billion dollars. The buyer is Danaher Corporation, which happens to have been previously run by GE chief executive Larry Kulp, who served as chief executive at Danaher between 2001 and 2015. The move is part of an ongoing restructuring aimed at […]
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General Electric: What's an industrial conglomerate to do?

by Andy Uhler
Oct 1, 2018
General Electric told investors Monday it has ousted CEO John Flannery after only about a year in the job. The company said it’s also going to miss profit forecasts this year. These are tough times at one of America’s most iconic businesses, which raises the question: What is the role of an industrial conglomerate like […]
SEBASTIEN BOZON/AFP/Getty Images
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