AlliedSignal, Honeywell reach deal to sell parts of avionics businesses
AlliedSignal Inc. and Honeywell Inc. will sell parts of their respective avionics businesses in order for the U.S. Dept. of Justice (DOJ) to allow their merger, the companies reported yesterday. Honeywell will sell its Traffic Alert and Collision Avoidance System (TCAS) business, while AlliedSignal...
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