After the GE Breakup, Should Honeywell Follow Suit?
Honeywell International (NASDAQ: HON) appears to be the next company in line for a breakup after its iconic peer, General Electric (NYSE: GE), announced plans to separate into three different companies over the next few years. So let's take a look at whether it makes sense or not for Honeywell. If it does, investors buying the stock might have some upside to look forward to.
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The subject last received a highly vocal airing in 2017 when an activist hedge fund campaigned for Honeywell to spin off its aerospace business. The gist of the argument back then, as now, is that:
Source Fool.com
