If investors were wondering whether General Electric’s bombshell plans to split into three companies signified the death of the conglomerate, they may have just had their answer.
Healthcare giant Johnson & Johnson and Japanese conglomerate Toshiba revealed splits of their own Friday. J&J plans to split into two companies, separating its consumer business from its pharmaceutical and medical devices business, the company said.
Toshiba...
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November 12, 2021 at 10:19PM
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Johnson & Johnson, Toshiba Follow GE’s Lead With Split Plans. The Conglomerate Is Far From Dead. - Barron's
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