Why Johnson & Johnson is splitting itself into two publicly traded companies
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CNBCCharlotte Morabito,Jason Reginato,Lindsey Jacobson
Why Johnson & Johnson is splitting itself into two publicly traded companies
Johnson & Johnson, the biggest pharmaceutical company in the U.S. based on market cap, announced in November 2021 it plans to spin off its consumer business into a new publicly traded company by November 2023. Analysts overwhelmingly say it's a smart business move, but it could also come with some risks. Watch the video above to learn why ...
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