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Source: CNBC

Will Honeywell and UTX Merge? Anti-trust a Question

Feb. 22, 2016
Sources say anti-trust concerns would kill the deal.

Reuters reported today that Honeywell International and Carrier parent company United Technologies have held talks related to a possible merger in the last two weeks, but UTX believes a merger would not be permitted over anti-trust concerns. Both companies are big in aerospace and the HVAC industry. The merger would result in an estimated $94 billion company.

Watch this analysis by CNBC's David Faber, including some history of merger talks between the two companies.