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1. Mentioned In 14 Articles
2. Third Point Cuts United Technologies Stake After Opposing Raytheon Deal
  
  Explore Channel NewsAsia Aug 13 2019 BoardNews
  
  ...ogies is in the process of streamlining its operations, actions both hedge funds endorsed, by selling off its Otis elevator and Carrier buildings systems units. The sales by both Ackman and Loeb are noteworthy because Un...
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  Mentions: Investment Management Hedge Fund
3. Bill Ackman misses the mark with Raytheon deal critique -
  
  Explore BNN Bloomberg Jun 12 2019 BoardNews
  
  ...chnologies unveiled a breakup plan in November under which it will spin off its Carrier building-controls and Otis elevator units into separate companies. What remains will be United Technologies’ aerospace businesses, i...
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  Mentions: Otis Merger Bloomberg
4. Recession Watch Starts at the 18th Hole for These CEOs
  
  Explore The Washington Post May 24 2019 BoardBlogs
  
  ...said. Hayes also detailed the debt each unit would likely bear, with the goal of each being investment grade. Otis will take $6 billion to $8 billion, Carrier $12 billion to $13 billion and then the remaining burden of r...
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5. This Billionaire Hedge Fund Manager Says the United Technologies Split Doesn't Go Far Enough
  
  Explore Fool.com Feb 28 2019 BoardNews
  
  ... December signed off on that conclusion, announcing plans to create three entities around its aerospace unit, Otis elevators, and its Carrier HVAC unit. Loeb in Third Point's quarterly letter dated Feb. 21 cheered that d...
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6. United Technologies to Announce its Intention to Separate into 3 Companies
  
  Explore Yahoo! UK & Ireland Finance Nov 26 2018 BoardNews
  
  ...d Point hedge fund had suggested in a letter breaking the company into an aerospace company, elevator company Otis and UTC Climate, Controls & Security. In that April letter, the hedge fund also disclosed a "significant ...
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  Mentions: Otis Goldman Sachs acquisition
7. United Technologies Explores Sale of Chubb Fire & Security
  
  Explore Channel NewsAsia Sep 24 2018 BoardNews
  
  ...rica declined to comment. United Technologies, maker of Pratt & Whitney engines, Carrier air conditioners and Otis elevators, has a market capitalization of approximately US$113 billion. Chubb, headquartered in Britain, ...
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8. United Technologies Says Rockwell Deal, Breakup Decision on Track
  
  Explore Stock Market Quotes and News Sep 14 2018 BoardNews
  
  ...with its aerospace business, including Rockwell Collins, combining with jet engine maker Pratt & Whitney. The Otis elevator business would be separate, as would its Climate, Controls & Security division, which owns Carri...
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9. Can a Power-Less Johnson Controls Unlock Shareholder Value?
  
  Explore morningstar.com Jul 11 2018 BoardBlogs
  
  ...t. Now, Third Point is putting pressure on United Technologies to break itself into three separate companies: Otis; climate, control, and security; and aerospace. We believe Johnson Controls could take advantage of disru...
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  Mentions: Otis Johnson Controls stock options
10. Hedge Fund Third Point Pushes United Tech to Break Up
  
  Explore SHARENET May 4 2018 BoardNews
  
  ...y's future. Loeb wants the company to split into three businesses: the Climate, Controls & Security division, Otis elevators, and an aerospace company (“Aerospace RemainCo”) encompassing UTAS and Pratt & Whitney. It also...
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11. Activist Investor Bill Ackman Is Building a Position in United Technologies
  
  Explore Bloomberg Feb 28 2018 BoardNews
  
  ...ss with about $45 billion to $50 billion in sales, Hayes said last week at an investor conference. A separate Otis elevators operation would have about $12 billion to $13 billion in revenue, and the climate-control divis...
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  Mentions: Management Otis Barclays
12. United Technologies Agrees to a $30 Billion Deal for Rockwell Collins (UTX, Col)
  
  Explore Business Insider Sep 5 2017 BoardNews
  
  ...to close the purchase in the third quarter of 2018. The company, with a $94.2 billion market value, also owns Otis Elevator and air conditioner maker Carrier. Rockwell Collins has a market value of $21.2 billion. The dea...
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  Mentions: Citigroup Otis Bombardier
13. United Technologies Eggs On Activists
  
  Explore Bloomberg Aug 23 2017 BoardBlogs
  
  ...es a steep climb to meet that goal. And it's not yet seeing a payoff in its profit. Meanwhile, margins at the Otis elevator business are eroding as United Technologies tries to recapture market share in China. United Tec...
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14. As Loeb, Peltz Go Small, United Technologies Thinks Bigger
  
  Explore Bloomberg Aug 7 2017 BoardNews
  
  ...ion through its aerospace and Pratt & Whitney divisions. The Farmington, Connecticut-based company also makes Otis elevators and Carrier air conditioners. United Technologies and Rockwell Collins have relatively little o...
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  Mentions: Management Otis Berkshire Hathaway
15. Otis Appoints Mr. Michael Vint to Advisory Board
  
  Explore World News Media Monitoring Apr 27 2017 BoardMoves
  
  ... Board... /EINPresswire.com/ -- VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 27, 2017) - Otis Gold Corp. ("Otis" or "the Company") (TSX VENTURE:OOO)(OTC PINK:OGLDF) is pleased to announce the appointment of Mr. Michae...
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