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GE has been selling off assets as part of a turnaround strategy in the past ~2yrs or so https://www.wsj.com/articles/ge-chief-says-assets-sales-will-reap-38-bi
by nimaco 7y ago
GE has been selling off assets as part of a turnaround strategy in the past ~2yrs or so
https://www.wsj.com/articles/ge-chief-says-assets-sales-will-reap-38-billion-11568315157 https://www.wsj.com/articles/ge-chief-says-assets-sales-will...
- three_seagrass 7y agoThat shouldn't affect market cap since they're capturing the cash equivalent in value through the sale. It's trading physical assets (probably with poor returns) for cash assets. Spinning off less-profitable divisions would affect market cap.