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Industrial giant Honeywell announces split into 3 companies

Reuters on MSN · 4d

Honeywell to split into three after pressure from activist investor

Honeywell said on Thursday it will split 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.

USA Today · 4d

Industrial giant Honeywell announces split into 3 companies after investor pressure

The split comes just months after activist investor Elliott Management took a $5 billion stake in the industrial giant. Despite several smaller moves, Elliott, whose stake in Honeywell is its ...

The Associated Press on MSN · 4d

Honeywell, one of few remaining industrial conglomerates, to split into 3 companies

Honeywell plans to separate its automation and aerospace technologies businesses from the U.S. industrial conglomerate, following similar actions by companies such as General Electric and Alcoa

12h

Honeywell Stock Falls After Split News Despite GE’s Spin-Off Success

Elliott Investment Management said a breakup of Honeywell could push the stock up 51% to 75% over the next two years. But ...

Like GE before it, Honeywell will spin off its aerospace unit to meet soaring demand

Honeywell is following the conglomerate breakup of GE. Because of Boeing and Airbus backlogs, the sky could be the limit for ...

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