Tuesday 5 September 2017

United Technologies Agrees to Buy Rockwell Collins for $23 Billion

United Technologies Agrees to Buy Rockwell Collins for $23 Billion

United Technologies Corp. agreed to buy Rockwell Collins Inc. for about $23 billion, creating an aerospace behemoth that can outfit jetliners and warplanes from tip to tail. Rockwell Collins shareholders will receive $140 a share in cash and stock, the companies said in a statement Monday. Including net debt, the total deal value is about $30 billion.
Read more: https://www.bloomberg.com/news/articles/2017-09-04/united-technologies-is-said-in-deal-to-buy-rockwell-collins?source=Snapzu

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