8-KOther Events

HONEYWELL INTERNATIONAL INC 8-K Report (Dec 3, 1999)

Filed December 3, 1999For Securities:HONHONIV

Summary

This 8-K filing from Honeywell International Inc. on December 3, 1999, primarily concerns the company's corporate structure and the issuance of securities. The key event referenced is the completion of its business combination with AlliedSignal Inc., effective November 23, 1999. This transaction resulted in the creation of a new parent holding company, also named Honeywell International Inc., and the exchange of AlliedSignal common stock for common stock of the new parent. Investors should note that this filing is foundational, detailing the legal and structural changes resulting from a significant merger. While specific financial performance data is not detailed in this 8-K, the information provided is crucial for understanding the post-merger capital structure. The filing confirms the delisting of AlliedSignal common stock from the NYSE and the listing of the new Honeywell International Inc. common stock. This move signifies a major corporate restructuring, which could impact shareholder rights, stock performance, and future financial reporting of the combined entity.

Key Highlights

  • 1Completion of the business combination between Honeywell International Inc. and AlliedSignal Inc. effective November 23, 1999.
  • 2Establishment of a new parent holding company, also named Honeywell International Inc.
  • 3Exchange of AlliedSignal common stock for common stock of the new Honeywell International Inc. parent company.
  • 4Delisting of AlliedSignal common stock from the New York Stock Exchange (NYSE).
  • 5Listing of the new Honeywell International Inc. common stock on the NYSE.
  • 6Confirmation of changes to corporate structure and shareholdings resulting from the merger.

Frequently Asked Questions

The primary purpose of this 8-K filing was to report the completion of the significant business combination between the original Honeywell International Inc. and AlliedSignal Inc. It outlines the resulting corporate restructuring, including the creation of a new parent company and the exchange of stock.

AlliedSignal common stock was delisted from the New York Stock Exchange. The common stock of the new parent holding company, also named Honeywell International Inc., was listed on the NYSE in its place.

Shareholders of AlliedSignal Inc. had their common stock exchanged for common stock of the newly formed parent holding company, Honeywell International Inc. This means shareholders effectively transitioned to owning shares in the combined entity under a new corporate structure.

No, this 8-K filing focuses on the corporate and structural changes resulting from the merger. It does not provide detailed financial performance figures or results for the combined entity. Such information would typically be found in subsequent quarterly or annual reports.