Why More Iconic Companies Like GE and J&J May Be About to Get Smaller - NewsBreak
By Jozef in Business
Updated 2 years ago
GE's breakup plan was not a surprise and comes in response to a failed conglomerate model. Johnson & Johnson, though in a pharmaceutical sector where spinoffs are common, may say more about a market in which iconic large-cap value companies see the valuation benefits of breaking up. A hot...