The Breakup 130 Years in the Making, GE Makes Its Final Split
2 Apr 2024
WSJ
![The Breakup 130 Years in the Making GE Makes Its Final Split](/thumb/phpThumb.php?src=%2Fuploads%2Fnews%2F56%2F5678%2F6%2F5678669-the-breakup-130-years-in-the-making-ge-makes-its-final-split.jpg&w=750&hash=5a05407b642b0da81700242345e0e704)
After two decades of turmoil, GE is much smaller than it once was. But the company’s shares have surged as CEO Larry Culp completes his breakup.
At its height, General Electric was one of the biggest companies in the U.S., touching nearly every part of life with its lightbulbs, movies, refrigerators, plane engines and MRI machines, among other things.
After two decades of turmoil, GE is much smaller. It sold off many of those businesses, shedding jobs and debt. On April 2, it will finish its breakup by splitting apart its power and aerospace divisions.