A Failed UTC Merger Would Cost Rockwell $695 Million

Rockwell Collins would have to pay United Technologies Corp. (UTC) a fee equal to $695 million if Rockwell tries to find a better buyer, according to a federal regulatory filing Sept. 6. Other conditions would spur the break-up fee, too, Rockwell told shareholders in a Securities and Exchange...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.