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Best-of: William Cohan on GE’s Legacy
Motley Fool Money
The Death Spiral of General Electric
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William Cohen: There were a number of important moments where the death spiral began. The decision to sell NBCU in 2009 without an auction for a total of around $30 billion to Comcast, he says. Number four was bringing in Nelson Peltz at trying partners to, as a hedge fund, an activist hedge fund. "It was basically in hospice from June 2017 on," said Cohen.
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