United Technologies Corporation (UTX): Here is What Bill Ackman Thinks of Its Business Separation

In its recently reported 2018 Annual Letter, billionaire Bill Ackman’s Pershing Square shared its opinions in detail about all the positions in its 13F portfolio, among which was United Technologies Corporation (NYSE:UTX). A copy of the letter you can find – here. The stock was actually a new addition in 2018 to its equity portfolio and Bill Ackman strongly believes that the company’s announced business separation will be a perfect catalyst for a great share price appreciation in the...