One activist investor believes breaking Honeywell up could solve the bulk of its problems. GE's recent break-up offers a blueprint for conglomerates like Honeywell to follow. The industrial ...
Copyright 2024 The Associated Press. All Rights Reserved. FILE - Construction workers pave a parking lot at a Honeywell plant on April 4, 2020, in Phoenix. (AP Photo ...
But many of those companies have since broken apart, and shares of their spinoffs have surged. Activist Elliott Investment is arguing that Honeywell should be next on the list. Post-breakup shares of ...
Honeywell International shares jumped Tuesday to an all-time high, after Elliott Investment Management said it has built a $5 billion-plus position in the industrials conglomerate and is seeking a ...
(Bloomberg) -- Elliott Investment Management has built a $5 billion-plus position in Honeywell International Inc. and is pushing the industrial giant to pursue a break up. The activist investment ...