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MarketWatch First Take: What GE can learn from Hewlett Packard about breakups

In the corporate world, breakups are easy to do, but they don’t always work out the way you might think.

On Tuesday, General Electric Inc. GE, +3.02% said it would spin off its health-care business and unload its ownership in Baker Hughes, an oil services company, as part of a restructuring that will greatly change the corporate monolith that was recently booted from the Dow Jones Industrial AverageDJIA, -0.03% . The changes are the result of a year-long review of the struggling company by Chief Executive John Flannery, who should give a call to Meg Whitman, the former CEO of Hewlett Packard, once one of the largest tech companies, to see how these types of moves can play out.

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