MarketWatch November 30, 2022
General Electric Co. GE, +0.36% said Wednesday that its board of directors has approved the previously announced spin-off of GE HealthCare, its health care business. GE HealthCare will become a corporation and be renamed GE HealthCare Technologies Inc. The company is expected to begin trading on the Nasdaq on Jan. 4, GE said. The board approved a distribution to GE shareholders of at least 80.1% of the outstanding shares of GE HealthCare, with holders of GE stock entitled to receive one share of GE HealthCare stock...