Honeywell CEO Puts Away `Elephant Gun' After Takeover Bid Ends

  • Cote says United Technologies offer was `unique opportunity'
  • Share sale 3 days before proposal was `coinkydink,' he says

Honeywell International Inc. Chief Executive Officer Dave Cote said he’s not carrying an “elephant gun” to hunt huge acquisitions after scrapping a $90 billion offer for United Technologies that was rebuffed. 

To continue reading this article you must be a Bloomberg Professional Service Subscriber.