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(Reuters) -Honeywell said on Thursday it will split into three independently listed companies, breaking up one of America's last standing conglomerates just months after activist investor Elliott ...
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The activist firm Elliott Investment Management has written to Honeywell International's (NASDAQ: HON) board of directors arguing for the conglomerate's breakup. The move follows a period of ...
A breakup will split the conglomerate in a way it hasn't seen before.
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Last month, Honeywell announced a plan to spin off its Advanced Materials business into an independent, U.S. publicly traded company, which is targeted to be completed by the end of 2025 or early ...
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A stock split is when a company decides to exchange its stock for more (and sometimes fewer) shares of its own stock, with the price per share adjusting so that there is no change in the overall ...