General Electric to Split Into Three Public Companies

Summary: General Electric Co. said it would split into three public companies, breaking apart the more than a century-old company that was once a symbol of American manufacturing might and has struggled in recent years. The plan is being unveiled three years after Larry Culp took over the troubled company and tried to stabilize its operations by selling off business units and paying down the companys debt load.

Questions:

1. Prior to the most recent announcement regarding splitting the company into three parts, what corporate actions has GE undertaken during the past three years?
2. According to the article, what is the rationale for splitting GE into three companies?
3. In addition to divestitures, what initiatives has CEO Larry Culp undertaken at GE since taking the helm?
4. Discuss shareholder reaction to the announcement of GE's restructuring.