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Strategic review will result in an outright sale, a strategic partnership or a spin-off to shareholders ...Read the full article
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Double Speak from Canada writes: Smart move for GE and GE shareholdres to sell their appliance business...just like IBM did when they sold their laptop division to Lenova (Chinese firm) . GE should use the proceeds to reduce debt or buy more water companies or medical imaging companies
- Posted 17/05/08 at 12:42 AM EDT | Alert an Editor | Link to Comment
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harry carnie from Northern, B.C., Canada writes: Right............if the upper management of General Motors is incapable of properly managing their
various companies (as it is obvious they are) then by all means sell to someone who can(Chinese?)
Might as well retain some value for the sharholders before running the companies to "zilch"- Posted 18/05/08 at 8:12 PM EDT | Alert an Editor | Link to Comment
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