United Tech to buy Rockwell Collins for $30 bln in stock and cash

Reuters




Sept 4 (Reuters) – Jet-engine maker United Technologies Corp has agreed to buy aircraft parts manufacturer Rockwell Collins Inc for $30 billion, the companies said.

Under the deal, Rockwell shareholders will receive $140 per share in stock and cash, split between $93.33 in cash and $46.67 in United Tech stock, the companies said in a statement.




Sept 4 (Reuters) – Jet-engine maker United Technologies Corp has agreed to buy aircraft parts manufacturer Rockwell Collins Inc for $30 billion, the companies said.

Under the deal, Rockwell shareholders will receive $140 per share in stock and cash, split between $93.33 in cash and $46.67 in United Tech stock, the companies said in a statement.





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