Mergers and Acquisitions

Honeywell scraps offer to buy United Tech

Honeywell International Inc, a maker of aircraft parts and climate control systems, said it was scrapping its offer to buy United Technologies Corp due to the company's unwillingness to engage in negotiations.

Honeywell Scraps Offer to Buy United Tech

Honeywell International, a maker of aircraft parts and climate control systems, said it was scrapping its offer to buy United Technologies due to the company's unwillingness to engage in negotiations.

United Tech Rejects Honeywell's $90.7B Offer

U.S. industrial conglomerate United Technologies Corp on Friday rejected a $90.7 billion offer by rival aerospace supplier Honeywell International Inc, saying that pursuing a merger would be "irresponsible" toward its shareholders.

Worldwide M&A Activity Falls 23%

Worldwide mergers and acquisitions deals have fallen 23 percent to $336 billion so far this year compared with last year, but cross-border activity by amount targeting U.S.-based companies reached a record high.

IBM to Buy Data Company Truven Health Analytics for $2.6 Billion

International Business Machines Corp said it would buy Truven Health Analytics, a provider of cloud-based healthcare data, for $2.6 billion, the company's fourth major health-related acquisition since launching the Watson Health unit in April last year.

IBM to Acquire Truven Health Analytics for $2.6B

International Business Machines said on Thursday it plans to acquire Truven Health Analytics, a provider of healthcare data and analytics, for $2.6 billion, marking its fourth major health data-related deal in the past year.