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Friday, May 23, 2008

GE: Breaking up so hard to do?

  Tyco International did it last year -- splitting into three companies after CEO Ed Breen admitted the Princeton-based conglomerate was worth more in pieces.
  Unisys is under pressure to do it -- taking major shareholder Clay Lifflander onto the board last week after he urged management to separate the company's government-contracts business from its tech business. 
  Should General Electric have to do it too? Is it enough to get out of the washer-and-oven business? The Washington Post's Steven Pearlstein says Wall Street is pushing too hard, read his column here.

Posted by Joseph N. DiStefano @ 3:41 PM  Permalink | Post a comment
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About Joseph N. DiStefano
Joseph N. DiStefano writes this blog to feed his PhillyDeals column in the Philadelphia Inquirer. Joe has been a member of Bloomberg LP’s New York Finance Team, wrote the book “Comcasted,” taught writing at St. Joseph’s University, and studied economics and history at Penn. Reach Joe at 215-854-5194 and JoeD@phillynews.com
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