Goodrich this week reached a deal to acquire TRW Aeronautical Systems -- formerly Lucas Aerospace -- for $1.5 billion in cash. The deal, which has been approved by the boards of Goodrich and TRW, will be financed with $1.1 billion of debt and $400 million of convertible equity-linked securities. The deal is subject to regulatory approvals and is expected to close in the fourth quarter. Goodrich plans to acquire businesses with "strong positions in commercial and military aerospace," ...

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