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Honeywell walks away from $90B bid for United Technologies

2016-03-01 17:07:10| Paper - Topix.net

Honeywell abandoned a bid worth more than $90 billion for rival United Technologies, saying it did not want to force a deal with an unwilling partner. United Technologies rejected the offer last week, saying a tie-up of the two industrial conglomerates would never be approved by anti-trust regulators.

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