Honeywell Continues The Disaggregation Trend Amongst Aerospace Companies

A Honeywell sign is displayed June 28, 2001 outside their offices in Murray Hill, NJ. (Photo by ... [+] Spencer Platt/Getty Images)Getty ImagesOn February 6, Honeywell announced it would be splitting its operations in aerospace and home automation. It had previously indicated it would be spinning out its advanced materials business. The total split was prompted by an activist position taken by Elliott Investment Management in November of last year.The breakup completes a string of similar splits by such not ...