NPR - Planet Money: Why companies spin off

https://www.npr.org/2024/04/08/1197963656/why-companies-spin-off

Jim Osman, The Edge Group, joins NPR The Indicator from Planet Money to discuss "Why companies spin off." General Electric has been staggering along for years as a conglomerate. But recently, it's turned to a popular strategy to unlock new value ... spinning off. Just last week, GE spun off its clean energy business into a new company: GE Vernova. On today's show, we explore what a spin off is and why companies do them.