Investor Elliott Management calls for Honeywell breakup after amassing $5B stake
The push comes as new Honeywell CEO Vimal Kapur has led an aggressive repositioning with mergers, acquisitions and spinoffs.
Honeywell jumps after activist Elliott takes $5B stake, pushes for breakup (update)
Honeywell's stock surges 8.4% in premarket trading as activist investor Elliott pushes for company breakup, largest ever investment in a single stock.
Honeywell Stock Hits All-Time High After Elliott Discloses More Than $5B Stake
Honeywell International shares jumped Tuesday to an all-time high, after Elliott Investment Management said it has built a $5 billion-plus position in the industrials conglomerate and is seeking a breakup of the company.
Investor calls for Honeywell breakup after amassing $5B stake
The push comes as new Honeywell CEO Vimal Kapur has led an aggressive repositioning with mergers, acquisitions and spinoffs.
Elliott calls for Honeywell break up, takes $5 billion-plus stake
Activist investor Elliott Investment Management said Honeywell should split into two separate businesses on Tuesday, following in the footsteps of other industrial conglomerates that have broken up in recent years.
Elliott confirms $5B+ stake in Honeywell, urges ‘simplification’ of structure
Elliott Investment Management L.P., which manages funds that together have made an investment of more than $5B in Honeywell (HON)
Honeywell jumps on report activist Elliott has taken $5B stake, pushing for breakup
Honeywell (HON) soared 9.5% in premarket trading on a report that activist investor Elliott Investment Management has accumulated a $5 billion stake and wants the industrial conglomerate to evaluate breaking up the company.
Elliott takes more than $5B stake in Honeywell, advises separating automation, aerospace units
Activist investor Elliott Investment Management has taken a more than $5 billion stake in Honeywell International and is calling for the conglomerate to split into two separate companies
Honeywell’s stock leaps into record territory after Elliott discloses more than $5 billion stake
Shares of Honeywell International Inc. leapt 7% into record territory in premarket trading Tuesday, after activist investor Elliott Investment Management L.P. said it built a more than $5 billion stake,
Elliott builds more than $5 billion stake in Honeywell
Activist investor Elliott Investment Management said on Tuesday it has built a stake worth more than $5 billion in Honeywell and recommended that the industrial giant pursue a separation of its aerospace and automation businesses.
Elliott Amasses $5 Billion-Plus Stake in Honeywell
Activist investor Elliott Investment Management has built a $5 billion-plus position in industrials giant Honeywell International Inc., according to people with knowledge of the matter.
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