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. 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 businesses would be valued higher by the market if management separated them than if they were still part of Honeywell.
