AlliedSignal and Honeywell to Merge

Edited by Paul Richfield July 01, 1999
AlliedSignal has agreed to acquire Honeywell in a stock swap worth $14 billion. The new company will be called Honeywell International, and will be based at AlliedSignal's Morristown, N.J., headquarters. Honeywell's Minneapolis headquarters will be closed. AlliedSignal Chairman Lawrence Bossidy will...

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