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    Repiglican Roast

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    Tuesday, June 19, 2007

    Business Booming for Offense Industries

    Recent concerns about the rising cost of corporate borrowing haven't deterred Honeywell CEO Dave Cote from looking for fresh acquisition targets for the Fortune 500 company, but market consolidation is getting harder, he warned.

    "We're always going to be on the lookout for things that can create great positions in good industries," Cote, told "Squawk Box Europe" at the Paris air show.

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    posted by TheFuriousGourmet | 2:43 PM

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