Re: Our Brillient Congress

nikverse wrote:

He grabbed all the low-hanging fruit.

Now you have poor Jeffrey Immelt trying to wear a very big pair of shoes
to fill.

They're getting to the point where they want to spin off GE Appliances.
Interest all around the world to get a foothold in what is probably the
world's #1 appliance market.



After over 100 years of toiling away in America's kitchens, General
Electric is about to pull the plug on its appliance division.

The company announced today that it is seeking "strategic options" for
the division but has not confirmed whether it's leaning more towards a
spin-off, sale, or merger.

For many Americans, GE's appliance business is the most recognizable
part of the company's operations, making it a valuable contributor to
the strength of the GE brand.

This reputation is also an appealing factor to potential suitors who may
begin vying for the chance to take over its legacy. The power of the GE
name could spur a bidding war among interested investors, but will GE's
brand strength be the same after splitting from the appliance division?

.

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