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United Tech rejects Honeywell’s $90.7 billion offer
February 27, 2016 by admin · Leave a Comment
U.S. industrial conglomerate United Technologies on Friday rejected a $90.7 billion offer by rival aerospace supplier Honeywell International Inc, saying that pursuing a merger would be “irresponsible” toward its shareholders. United Technologies Corp said the two companies had talked about a possible combination for years. United Tech's filing came hours after Honeywell spelled out the details
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United Tech rejects Honeywell’s $90.7 billion offer