Starboard builds stake in Honeywell spin-off Solstice, pushes for $100 million in cost cuts, FT reports

Activist investor Starboard Value has built a stake in Honeywell's spin-off Solstice after the company scrapped a planned $14.5 billion merger with a rival, pushing for $100 million in cost cuts, per the Financial Times.

Detected & updated continuously · Source: Nebula