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The Honeywell/UTX Merger Was Grounded Before Takeoff

2016-02-23 21:38:15| Paper - Topix.net

Regulatory obstacles and strong consumer opposition grounded merger talks between United Technologies and Honeywell before they could even get off the ground. Even still, simple whispers about a combination of the two ubiquitous technology-product manufacturers caused their securities to spike in trading Monday.

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London Stock Exchange in merger talks

2016-02-23 15:49:46| BBC News | Business | UK Edition

London Stock Exchange confirms merger talks with Germany's Deutsche Boerse.

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Agencies worry about rail merger

2016-02-23 08:47:22| Railroads - Topix.net

In an effort to protect the Juniata Locomotive Shops, three local economic development agencies have joined other organizations in the state to urge the U.S. Surface Transportation Board to critically scrutinize Canadian Pacific Railway's proposal to take over Norfolk Southern. "We're not saying 'don't do it,' but please take a hard look," said Patrick Miller, CEO of the Greater Altoona Economic Development Corp., which voted to send a letter to the STB, along with letters from GAEDC parent Altoona Blair County Development Corp. and the Blair County Chamber of Commerce.

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CNBC: UTC in merger talks with Honeywell

2016-02-22 21:42:35| Paper - Topix.net

United Technologies, which employs some 600 people at UTC Aerospace Systems in Danbury, Conn. , is in talks merger talks with Honeywell, according to a CNBC report on Monday, February 22, 2016.

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United Technologies (UTX) stock is up this afternoon on a possible merger with Honeywell (HON).

2016-02-22 21:42:34| Paper - Topix.net

Honeywell held takeover discussions within the past two weeks about a merger that would create an industrial giant with about $94 billion in sales, sources told CNBC.com. The two companies talked about a deal in which Honeywell would offer largely stock and some cash for its smaller rival.

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