News Analysis
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

An aircraft engine is tested at Honeywell Aerospace in Phoenix. Alwyn Scott/Reuters
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.”
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