Elliott issues statement on ongoing Honeywell review
Elliott Investment Management released the following statement attributed to Partner Marc Steinberg and Managing Partner Jesse Cohn regarding Honeywell (HON). “Elliott welcomes Honeywell’s announcement today of its ongoing review of strategic alternatives, including the separation of its Aerospace business. We believe the portfolio transformation Vimal and his team are leading represents the right course for Honeywell, and we look forward to the upcoming completion of the review and to supporting Honeywell as it implements the necessary steps to realize its full value.”
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