Companies

Honeywell to Split Into 3 Companies in a Victory for Activist Investors, Stock Drops

Honeywell’s decision to split itself into three publicly traded companies is a big victory for activist investor Elliott Investment Management
Honeywell to Split Into 3 Companies in a Victory for Activist Investors, Stock Drops
An aircraft engine is tested at Honeywell Aerospace in Phoenix. Alwyn Scott/Reuters
Panos Mourdoukoutas
|Updated:
0:00
News Analysis
Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”