Honeywell of Morristown announced Oct. 1 it paid about $525 million to acquire a 70 percent stake in Thomas Russell Co. of Tulsa, Okla., with rights to purchase the rest. Both are manufacturing companies.

ProStrakan Buys Drug for $21.7M

ProStrakan in Bridgewater on Oct. 1 announced its acquisition of breast cancer treatment drug Fareston from GTx in Memphis, Tenn. Both are biopharmaceutical companies specializing in cancer treatment.

N.J. Warehouse Sold for $10.5M