Honeywell reportedly plans breakup amid activist pressure

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Honeywell is planning to break itself up, according to a report from Bloomberg. The industrial giant has been facing pressure from activist investor Elliott Investment Management to do a breakup. According to the report, an announcement could be made when the company announces its earnings next month.

Market Domination Anchors Julie Hyman and Josh Lipton discuss the report in the video above.

To watch more expert insights and analysis on the latest market action, check out more Market Domination here.

This post was written by Stephanie Mikulich.


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