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Honeywell (HON) purchases a 70% stake in Thomas Russell Co., a privately-held provider of...

Honeywell (HON) purchases a 70% stake in Thomas Russell Co., a privately-held provider of technology and equipment for natural gas processing and treating, for $525M. HON does not expect the closing of the deal to impact its EPS guidance range for 2012 and believes the acquisition to be accretive to 2013 earnings.
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