This Jan. 18, 2011, file photo shows the Honeywell Specialty Materials plant in Metropolis, Ill. Honeywell International Inc. said Tuesday, March 1, 2016, that it is abandoning its $90 billion buyout attempt of rival United Technologies. United Technologies Corp. had rejected the offer, saying a tie-up of the two industrial conglomerates would never be approved by anti-trust regulators.
This Jan. 18, 2011, file photo shows the Honeywell Specialty Materials plant in Metropolis, Ill. Honeywell International Inc. said Tuesday, March 1, 2016, that it is abandoning its $90 billion buyout attempt of rival United Technologies. United Technologies Corp. had rejected the offer, saying a tie-up of the two industrial conglomerates would never be approved by anti-trust regulators. Steve Jahnke The Southern Illinoisan via AP
This Jan. 18, 2011, file photo shows the Honeywell Specialty Materials plant in Metropolis, Ill. Honeywell International Inc. said Tuesday, March 1, 2016, that it is abandoning its $90 billion buyout attempt of rival United Technologies. United Technologies Corp. had rejected the offer, saying a tie-up of the two industrial conglomerates would never be approved by anti-trust regulators. Steve Jahnke The Southern Illinoisan via AP

Honeywell walks away from $90B bid for United Technologies

March 01, 2016 12:19 PM