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GE's Immelt touts value of conglomerate's scale to investors

2015-03-17 12:45:58| Industrial Machines - Topix.net

General Electric Co Chief Executive Officer Jeff Immelt is sticking by his company's model for housing diverse businesses under one roof at a time when other U.S. conglomerates are looking at hiving off units to please investors. In a wide-ranging annual letter to shareholders released on Monday, Immelt details advantages from such scale through shared technology and other areas through what he calls the "GE Store."

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