Honeywell International Inc and United Technologies Corp have held talks about a merger, CNBC reported, citing people familiar with the situation. A deal would create a company with combined sales of more than $90 billion. The discussions occurred within the last two weeks and were focused on a deal in which Honeywell offered a premium, largely in stock with some cash, for United Technologies, CNBC said.
Source: Reuters.comHoneywell, United Technologies held merger talks
Industry: Electronics 2016-02-23
