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General Electric To Split Itself Into Three Companies

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General Electric announced plans Tuesday to split itself into three separate companies in the aviation, healthcare and energy sectors.

The company hopes to spin off its healthcare division by 2023 and its energy division by 2024, General Electric (GE) announced in a press release Tuesday. GE said the move would better position the now-independently run companies to “deliver long-term growth” and serve investors and customers.


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