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.
Elliott Investment Management said a breakup of Honeywell could push the stock up 51% to 75% over the next two years. But ...
Honeywell is following the conglomerate breakup of GE. Because of Boeing and Airbus backlogs, the sky could be the limit for ...
Honeywell International, the storied conglomerate which launched a strategic review early last year, announced plans Thursday to split into three independent companies.
On February 6, Honeywell announced it would be splitting its operations in aerospace and home automation. It had previously ...
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