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A comment on Jack Welch Inflicted Great Damage on Corporate America. Parent comment

Re:Jack Welch Inflicted Great Damage on Corporate America by nimaco on Tuesday March 03, 2020 @01:55PM (#22477588)
GE has been selling off assets as part of a turnaround strategy in the past ~2yrs or so

https://www.wsj.com/articles/ge-chief-says-assets-sales-will...

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Re:Jack Welch Inflicted Great Damage on Corporate America by three_seagrass on Tuesday March 03, 2020 @02:19PM (#22477801)
That shouldn't affect market cap since they're capturing the cash equivalent in value through the sale. It's trading physical assets (probably with poor returns) for cash assets.

Spinning off less-profitable divisions would affect market cap.

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