Don't be so sure Bloomberg News... that is exactly our mold.
http://www.bloombergquint.com/onweb/2016/12/09/peltz-can-do-better-than-honeywell-for-his-next-activist-target
2 replies (most recent on top)
Does not fit his mold because Dave and his hatchet men are doing a text book job of s---ing the businesses dry, no outside help needed. Peltz needs to find a management that has some loyalty to the employees, lots more potential for profitable misery.
After the failed acquisition of UTC, I think the company has positioned itself to spin off or sell pieces of the business. The ACS restructure to create SPS and HBT was the first step. I believe that you will see parts of the HBT business sold off in 2017 and SPS (where Darius came from) will continue to do acquisitions. I think AERO will also see some divestitures in 2017 as well. I think Honeywell fits Peltz's playbook to a T!!