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United Technologies to buy Rockwell Collins for $30 billion
short by Aditi Verma / on Tuesday, 5 September, 2017
Jet-engine maker United Technologies has agreed to buy aircraft parts manufacturer Rockwell Collins for $30 billion. The amount represents a total transaction value of $30 billion, including Rockwell Collins' debt, and a total equity value of $23 billion. United Technologies said it will combine its aerospace business with Rockwell Collins to create a new unit called Collins Aerospace Systems.
read more at Fortune