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Elliott calls for Honeywell break up, takes $5 billion-plus stake

By Yahoo! Finance   |   Nov 13, 2024 at 04:37 AM EST
Elliott calls for Honeywell break up, takes $5 billion-plus stake

Elliott Investment Management urges Honeywell to split into two separate businesses, focusing on aerospace and automation, aiming to enhance performance and shareholder value. The move follows a trend of industrial conglomerates breaking up.

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