Lesson #420

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Is this the end of corporate conglomerates? General Electric latest to announce its break up

Conglomerates are breaking up
November 29, 2021:

Big companies like Johnson & Johnson, Toshiba, and General Electric are breaking into smaller companies. In many cases, the smaller companies focused on just one business line are valued higher separately than combined as one conglomerate. But one industry is consolidating as these product-focused companies are breaking up. Plus, learn “at first glance.”

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