Honeywell announced in a Feb. 6 news release that it will split into three independent companies, effectively ending the industrial manufacturing conglomerate. The company said it will be fully ...

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Automotive and industrial parts distributor Genuine Parts will separate into two independent companies, it said on Tuesday, months after a deal with activist investor Elliott Investment Management.

The split is the culmination of a review the Atlanta-based company has been undergoing with financial advisers. The Wall Street Journal reported earlier Tuesday that the deal announcement was imminent ...