Brooke Sutherland, Columnist

GE May Be Splitting Up, But the Conglomerate Lives On

The company was a cautionary tale about how corporate sprawl can go terribly wrong. But some companies that use the structure are thriving.

November 10, 2021 at 5:45 PM UTC

By Brooke Sutherland

Brooke Sutherland is Bloomberg News' Boston bureau chief and writes the Industrial Strength Newsletter. She was previously a Bloomberg Opinion columnist covering deals and industrial companies and an M&A reporter for Bloomberg News.

Not every conglomerate is on the chopping block.
Photographer: Michael Urban/AFP/Getty Images

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Does the breakup of General Electric Co. finally herald the death of the conglomerate? Probably not.