1. Ackman Backs Push to Split United Technologies Into Three Parts

    Ackman Backs Push to Split United Technologies Into Three Parts

    United Technologies ( UTX -0.4% ) is trading at a hefty discount and the company's businesses would thrive as three standalone companies , Bill Ackman says in arguments that back the case made last week by activist shareholder Third Point. UTX is “one of the last remaining conglomerates,” Ackman says...

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