Forbes -
8 Mar 2016 20:34
Talks of a possible takeover between Honeywell (NYSE: HON) and United Technologies (NYSE: UTX) recently fell through. Had the deal gone through, the combined company would have a combined sales of about $97 billion. UTC rejected the deal as its management expected heavy scrutiny from regulators and intense opposition from customers including the military. However, Honeywell maintained its position until the very end. People close to the company believe that any concerns raised by regulators coul...
Share this Article
Comment on this Article
Please to comment