Elliott Builds $5 Billion Stake in Honeywell

Elliott's $5 billion Honeywell gambit: would a split pay off?
Diversified conglomerates were long a fixture of the U.S. stock market landscape, with the Dow industrials bolstered by big names such as 3M, General Electric, United Technologies and others. But many of those companies have since broken apart,
Elliott Calls for Breakup of Honeywell—One of the Last Conglomerates
Elliott Management is pushing for Honeywell International to split up its business after the activist investment fund built an over-$5 billion stake in the industrial conglomerate.
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 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.
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.
Honeywell Surges Nearly 5% After Elliott's $5B Stake and Breakup Push
Activist investor Elliott sparks a 5% stock jump with bold plans to split Honeywell into two powerhouse entities.
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.
Honeywell's stock leads the Dow gainers, as Elliott discloses $5 billion stake
Honeywell's stock rallied as much as 7.8% into record territory for the first time in three years, after activist investor Elliott Investment Management disclosed a more than $5 billion stake, but then pulled back.
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
Elliott urges Honeywell break-up with $5bn investment stake
It argues that separating Honeywell would lead to simplified strategies, focused management, enhanced capital allocation and ...
Elliott calls for Honeywell break up, takes $5 bln-plus stake
Activist investor Elliott Investment Management said Honeywell should split into two separate businesses on Tuesday, ...
Activist Investor Seeks Breakup Of Honeywell
Activist investor Elliott Investment Management stated in a letter addressed to Honeywell’s Board of Directors that it wants ...
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Activist investor Elliott Management has $5 billion Honeywell stake, seeks breakup
Activist investor Elliott Management has a $5 billion-plus stake in industrial conglomerate Honeywell and is pushing the ...
Elliott Sends Letter to the Board of Directors of Honeywell International Inc.
Elliott Investment Management L.P. ("Elliott"), which manages funds that together have made an investment of more than $5 ...