Why GE Selling Its Lighting Business Is a Bright Idea

6/15/17

Courtesy of Motley Fool

Try this: Spell the word "image" out loud, and then say "lightbulb."

Alas, that staple of elementary-school humor (well, it was at my elementary school, anyway) may not work for much longer. According to an internal email, General Electric (NYSE:GE) is looking for someone to buy its lighting business.

While the recent (and ongoing) leadership changes at GE are the top industry news right now, the sale of the company's lighting unit may have an even bigger effect on the company's performance. Here's why.

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