Peltz's Trian Won't Comment on Honeywell (HON) Rumors

Trian offered no comment on rumors it was building a stake in Honeywell (NYSE: HON).

"We do not comment on market rumors," a spokesperson told StreetInsider.com.

Trian's Nelson Peltz recently told CNBC the fund was building a large, new position but wouldn't reveal the position.

Since the comments, speculators have pointed to HON as a possible position for Peltz. Today those rumors sent the stock up over 3%.

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