A Honeywell Breakup Would Set Up Monster-Sized Deals
Separating its aerospace and automation arms, like Elliott has suggested, would make moonshot combinations with the likes of GE and Rockwell more plausible.
Honeywell is facing pressure from activist investor Elliott Investment Management to break up.
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Breaking Honeywell International Inc. up would make the company simpler. It would also create opportunities for monster-sized deals.