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.
On February 6, Honeywell announced it would be splitting its operations in aerospace and home automation. It had previously ...
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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