Benzinga's M&A Chatter for Tuesday March 1, 2016

The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday March 1, 2016: Honeywell Ends Bid for United Technologies The Bid Termination:
Honeywell HON announced Tuesday, that it is no longer pursuing a strategic combination with United Technologies UTX, as UTX was unwilling to engage in negotiations. Honeywell says it remains confident that the regulatory process would not have presented a material obstacle to a deal. United Technologies closed at $95.05 on Tuesday, down 1.62%. Honeywell rose 4.46% to close at $105.87. Honeywell Acquires RSI Video Technologies, Movilizer The Deal:
Honeywell HON announced Tuesday that it has acquired provider of intrusion detection systems for commercial and residential security applications, RSI Video Technologies, for approximately $123 million. Honeywell also announced that it has completed its acquisition of Movilizer, creator of cloud platform for field service applications. Terms of that deal were not disclosed. Honeywell closed at $105.87 on Tuesday, up 4.46%. People's Counsel Opposes Revised Pepco-Exelon Merger Settlement Agreement The People's Counsel:
People's Counsel Sandra Mattavous-Frye announced Tuesday, that after careful review by the Office of the People's Counsel for the District of Columbia, she cannot support the PSC's revisions to the Pepco POM-Exelon EXC settlement agreement announced Friday. The Commission removed the guarantee of no rate increases for residential ratepayers through March 2019. Shares of Pepco sold off on the news, falling to low of $22.01 and closing at $22.81, down almost 13%. Intercontinental Exchange Confirms Potential Offer for London Stock Exchange The Offer:
Intercontinental Exchange, Inc. ICE confirmed Tuesday, that it is considering make an offer for the London Stock Exchange Group plc LDNXF, although no approach has been made to the Board of LSEG and no decision has yet been made as to whether to pursue an offer. Intercontinental Exchange closed at $27.60 on Tuesday, down 2%. Canadian Pacific Approached CSX Regarding a Takeover The CEO Comments:
Canadian Pacific Railway Ltd. CP has approached CSX Corp. CSX regarding a potential takeover offer, according to Canadian Pacific CEO Hunter Harrison as reported by Dow Jones on Tuesday. CSX rejected the approach in January, Harrison said. Canadian Pacifc is looking to combine with CSX or Norfolk Southerm NSC, both covering the Eastern U.S. Harrison said his company is still committed to the Norfolk Southern bid. CSX closed at $24.63 on Tuesday, up 2%.