Forbes -
3 Mar 2016 20:42
United Technologies (NYSE: UTX) recently announced that it has pulled out of talks related to a potential take over by Honeywell (NYSE: HON). Subsequently, Honeywell issued a press release containing a link to its slide-deck advocating the deal. If the deal would have gone through, both aerospace giants would have created combined sales of a mammoth $97 billion. Following the news, UTC shares jumped by about 80 cents, while Honeywell stocks meandered and closed 40 cents lower. See our complete...
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