'Aggressive acquisition activity' pushes Textron's 1996 growth

Revenues for Textron's current stable of businesses grew 10% in 1996, reaching $9.3 billion, as the company earned $482 million from its continuing operations. A year ago, Textron cleared $416 million on sales of $8.5 billion. But Textron's bottom line was lowered to $253 million, mostly by the...

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