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PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

United Tech Owes Breakup Idea More than Lip Service

Brooke Sutherland

Activist investor Third Point LLC, led by Dan Loeb, for the first time detailed its motivation for investing in United Technologies and called on the company to split itself into three companies focused on climate controls, elevators and aerospace. This is starting to get aggravating for some followers of the company, and perhaps Third Point is one of them. United Technologies' business units have different capital requirements, growth profiles and debt capacities.

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