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The video discusses General Electric's decision to split into three separate companies focused on aviation, healthcare, and energy, a move announced in November. This separation reflects a strategic choice aimed at maximizing shareholder value, despite the emotional weight of breaking up a company with a 130-year history. Founded by Thomas Edison in 1892, GE was a significant player in the Dow Jones Industrial Average since 1896 and expanded into various sectors, including healthcare and finance. However, following struggles since the 2008 financial crisis, the decision to split became necessary, as the challenges of remaining a large conglomerate became increasingly apparent.
