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Category: Conglomerate

Robotics | IoT

United Technologies acquires Rockwell Collins for $30 billion

Aerospace conglomerate United Technologies is paying $30 billion to acquire Rockwell Collins in a deal that creates one of the world’s largest makers of civilian and defense aircraft components. Rockwell Collins and United’s Aerospace Systems segment will combine to create a new business unit named Collins Aerospace Systems. United Technologies will pay $140 per share for…

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