Factbox-America is one of the largest corporate divisions in Reuters

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© Reuters. FILE PHOTO: A logo appears outside the Dupont offices in Geneva, Switzerland, on April 15, 2021. REUTERS / Denis Balibouse
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(Reuters) – General Electric (NYSE 🙂 The Co said Tuesday it would split into three public companies focused on energy, healthcare and aviation as the industrial conglomerate seeks to simplify its business, reduce debt and improve share prices.
The move comes after some major divisions of U.S. companies in the past, as listed below.
COMPANY YEAR
1984 AT&T Inc (NYSE 🙂 In 1974, the U.S. government
filed a lawsuit against the competition
Because he was against AT&T Corp.
monopoly of telephone lines.
After an eight-year lawsuit,
both sides a arrived
He took the settlement to AT&T
relinquishing control
operating companies in the region, or
Baby Bells. (https://reut.rs/3mWDI3Q)
2015 Ebay Inc. June 2015, e-commerce company
It approved the spinoff of eBay Inc. (NASDAQ:)
PayPal (NASDAQ :). (https://www.ebayinc.com/stories/news/ebay-inc-board-approves-completion-of-ebay-and-paypal-separation/)
2015 Hewlett Packard Co. November 2015,
Hewlett-Packard was split in two
listed companies. Hewlett
Packard Enterprise, which
they make up corporate hardware
and the service business
Hewlett-Packard, that is
Changing the name of HP Inc (NYSE 🙂 includes
computer and printer business.
(https://reut.rs/3og9c4i)
2016 Honeywell (NASDAQ 🙂 September 2016, Honeywell
International International Inc., one of the United States
manufacturer of aerospace parts
and climate control systems,
he accepted the spinoff for his $ 1.3
billion resins and chemicals
operations in an autonomous
company, AdvanSix (NYSE 🙂 Inc. (https://reut.rs/3F36dTY)
2019 DuPont (NYSE 🙂 In April 2019, DowDuPont Inc
he formed the science of his material
The division was continued by Dow, Inc.
June 2019 with agricultural science
company Corteva (NYSE :), as part of it
split into three companies. (https://reut.rs/31McHYU)
2020 United Technologies (NYSE 🙂 March 2020, United
It was approved by Technologies Corp.
Carrier Global (NYSE 🙂 spinoffs
Corporation and Otis Worldwide (NYSE 🙂
Corporation. (https://www.prnewswire.com/news-releases/united-technologies-board-of-directors-approves-separation-of-carrier-and-otis-and-declares-spin-off-distribution-of-carrier -and-otis-shares-301021893.html)
2021 IBM (NYSE 🙂 IBM created a big part of it
his company, managed and
infrastructure business, as
Kyndryl in November 2021, as
the shed of the 19th century technology company
a growing business
and focused on the high-margin cloud
Artificial intelligence
businesses.
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