Browsing Tag
conglomerates
Ralph E. Ablon, Pioneer of Corporate Conglomerates, Dies at 105
Ralph E. Ablon, an improbable corporate matchmaker who expanded a family scrap metal company into a pioneering conglomerate that eventually thrived by investing in the growing service economy, died on Nov. 2 in Manhattan. He was 105.His…
Conglomerates are dead, but tech giants are conglomerates in training | ZDNet
Conglomerates are dead. Will big tech get the memo?Consider these recent developments:GE is splitting up into three public companies.Johnson &…
The Week in Business: Conglomerates Break Up
What’s Up? (Nov. 7-13)G.E. Is Breaking Up. So Is J.&J.On Tuesday, General Electric said it will spin off its health care division in early 2023 and its energy business a year later. Only its aviation division will remain. The…
GE may be breaking up but conglomerates will survive
When General Electric announced this week that it planned to break itself up, it seemed to be closing a chapter on the industrial conglomerate. Yet the obituary of the all-encompassing corporate structure has been written many times…