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Avionics & Interiors Maker Rockwell Collins Being Purchased By Aerospace Supplier United Technologies For $30 billion

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Farmington, Connecticut-based Aerospace supplier United Technologies (NYSE: UTX) will pay $140 per share for Rockwell Collins (COL), split between $93.33 per in cash and $46.67 in stock, according to the companies and an article via Reuters.

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United Tech to buy Rockwell Collins for $30 billion

Farmington, Connecticut-based United Technologies will pay $140 per share for Rockwell Collins, split between $93.33 per in cash and $46.67 in stock, according to the companies. The price represents a 17.6 percent premium to Rockwell’s $119 share price before news of the talks emerged on Aug. 4…

finance.yahoo.com

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