Comment on UTX's Latest Move Is Not Enough to Appease Investors, But It's a Good Start

UTX's Latest Move Is Not Enough to Appease Investors, But It's a Good Start

If United Technologies (NYSE: UTX) management wishes to defend the company against a high-profile activist's call to split UTC in three, they must show investors they have an alternative plan that will jump-start a set of businesses that have been stuck in neutral the last few years.A deal announced by UTC May 18 is a good first step, but there's more work to be done.Carrier industrial air chillers.

 

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