United Tech to buy Rockwell Collins for $30 billion in stock and cash
September 4, 2017Global stocks tentative after selloff on North Korea fears
September 5, 2017United Tech to buy Rockwell Collins for $30 billion, combine aerospace operations
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(Reuters) – Aerospace supplier United Technologies Corp has struck a $30 billion agreement to buy avionics and interiors maker Rockwell Collins Inc , the companies said on Monday, in a deal that bulks up UTC’s power with plane makers by creating one of the world’s largest makers of civilian and defense aircraft components.
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