Activist investor Third Point LLC detailed its case for breaking up industrial conglomerate United Technologies Corp., and said it has shared its views with the company’s board. The Farmington, Conn., company is already planning a portfolio review that will examine a split, a process it expects to complete by year-end. The idea of a breakup gathered momentum around September when United Technologiesagreed to buy Rockwell Collins for $23 billion.

Source: Wall Street Journal May 04, 2018 17:31 UTC