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Honeywell's Failed Bid Adds Halo to UTX
2016-03-31 20:57:36| Paper - Topix.net
Honeywell International's unsolicited $90 billion offer for United Technologies was a real boost for the would-be target, refocusing investors in the down-and-out industrial conglomerate away from short-term issues and toward the substantial long-term value contained within its portfolio. In other words, the failed bid has had a halo effect on the erstwhile target.
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Category:Materials