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DuPont’s big breakup could be second-time luckyThe Dupont logo is displayed on a board above the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S. on December 22, 2015. REUTERS/Lucas Jackson
How big should a company be? For DuPont de Nemours boss Ed Breen, the real question is: how small? DuPont is about to break up into three companies, separating out its water and electronics units from the business that makes industrial materials such as Kevlar. Over the years, DuPont has grown, shrunk, bought and sold, and produced precious little value for shareholders in the process. This time m