Why companies spin off

Published: April 8, 2024, 10:18 p.m.

b'General Electric has been staggering along for years as a conglomerate. But recently, it\'s turned to a popular strategy to unlock new value: spinning off. Just last week, GE spun off its clean energy business into a new company: GE Vernova. On today\'s show, we explore what a spin off is and why companies do them.

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