General Electric (GE) CEO John Flannery says "everything is on the table" as GE plans to sell or spin off $20 billion of its businesses within the next two years. After a series of lackluster at best earnings, the conglomerate that was founded by Thomas Edison is working to consolidate its way toward profitability in a corporate environment dominated by activist investing.
While Flannery told investors on GE's most recent earnings call that GE is carefully reviewing all of its businesses, analysts have speculated which of the company's numerous assets are most likely to be sold. Among the potential divestitures, Baker Hughes (BHGE) , and its industrial lighting, power conversion and locomotive businesses were popular mentions.
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