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 to break up aerospace, automation businesses after investor push
The Charlotte-based conglomerate announced today during its fourth-quarter earnings call that it would separate its automation and aerospace businesses. The action comes after Honeywell announced in December it would consider the separation after calls to do so in November from Elliott Investment Management.
Honeywell to split into three independently listed companies in latest corporate breakup
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.
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