Honeywell to break up in latest corporate split after pressure from activist investor
Honeywell is splitting into three independently listed companies, breaking up one of America's last standing conglomerates just months after activist investor Elliott Management took a $5 billion stake in the industrial giant.
Honeywell International’s future as an industrial conglomerate all but ended in November 2024 when Elliott Investment Manager ...
Honeywell is following the conglomerate breakup of GE. Because of Boeing and Airbus backlogs, the sky could be the limit for ...
The once leading Minnesota corporation, now based in North Carolina, has been pressured by shareholders to split up.
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