Google stock up

[tw]

Originally Posted by Beestie

We can both look at all the assets on General Motors balance sheet and decide what we think they are worth and our answers would probably be pretty close.

Many previous analysts have concluded that GM was worth more broken up into parts. However GM was structured to make a breakup too impractical - too difficult. Its rather weird to think breaking up a company makes it more profitable. However Carl Icahn tried it and backed off quickly after learning these details. The numbers suggested it would be profitable. Once he got into the details, those numbers no longer made sense.