Friday, April 27, 2007

GE should spin off NBC, other units: Citigroup

(Reuters) - As a stand-alone company, NBC would be better able to explore acquisitions or sell itself to a larger media company, he said.

"GE stock has basically gone sideways for five years despite solid underlying execution," Sprague said in a research report. "We believe GE's size and complexity is working against investor interest in the stock and has contributed to further valuation erosion."


Read more at Reuters.com Business News

No comments: