United Technologies Corp. and Rockwell Collins are promising greater opportunities, more innovation and some $500 million in efficiencies under a megadeal announced Monday whereby United will pay $30 billion for the Iowa-based aviation manufacturer. United (NYSE: UTX) will pay $23 billion for Cedar Rapids, Iowa-based Rockwell, as well as taking on $7 billion in debt, for a combined deal of about $30 billion. The deal must still be approved by shareholders of Rockwell Collins (NYSE: COL), in addiction…
from https://www.bizjournals.com/baltimore/news/2017/09/05/united-technologies-acquires-arinc-parentrockwell.html?ana=RSS%26s=article_search
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