Johnson & Johnson, Toshiba Follow GE’s Lead With Split Plans. The Conglomerate Is Far From Dead. – Barrons

If investors were wondering whether General Electric’s bombshell plans to split into three companies signified the death of the conglomerate, they may have just had their answer.

Healthcare giant Johnson & Johnson and Japanese conglomerate Toshiba revealed splits of their own Friday. J&J plans to split into two companies, separating its consumer business from its pharmaceutical and medical devices business, the company said.


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