Honeywell International Inc. (HON) and United Technologies Corp. (UTX) have had talks within the last two weeks about Honeywell buying United in a stock-and-cash deal, CNBC reported Monday, citing people familiar with the situation.

United shares recently traded up 6.9% to $94.30.

Full story at: http://www.cnbc.com/2016/02/22/honeywell-united-technologies-held-merger-talks-sources.html

Write to nymonitoring@dowjones.com

 

(END) Dow Jones Newswires

February 22, 2016 13:49 ET (18:49 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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