BOSSIDY MOVING RAPIDLY TO GET HONEYWELL BACK ON TRACK AFTER EC REJECTS GE DEAL

The European Commission rejected the proposed acquisition of Honeywell by General Electric last week, touching off a management shakeup at Honeywell that could continue for weeks. Within hours of the EC's decision, which had been expected (BA, June 18/283), Honeywell's board of directors announced...

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