, Columnist
Honeywell's Industrial-Strength Ambitions
It's thinking bigger as growth prospects slow and a target weakens.
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It looks like Honeywell CEO Dave Cote wasn't kidding when he said the company was open to making a large acquisition.
The maker of everything from airplane parts to thermostats has reportedly approached United Technologies about a potential merger. Combined, the two companies have a market value of about $160 billion and bring in more than four times the revenue of the average S&P 500 company. It would be the biggest industrial mega-merger in history, by far.