Analyst Research

Report Title Price
Provider: Stock Traders Daily
$20.00
Provider: Thomson Reuters Stock Report
$25.00
Provider: New Constructs, LLC
$25.00
Provider: MacroRisk Analytics/EconomicInvestor
$25.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

United Technologies Corp Announces Termination Of Agreement To Sell Pump And Engine Control Systems Unit To TransDigm Group Inc


Thursday, 6 Dec 2012 05:00pm EST 

United Technologies Corp announced that it has reached a mutual agreement with TransDigm Group Incorporated to terminate the previously announced sale of the Goodrich Corporation pump and engine control systems business to TransDigm. The parties terminated their agreement after being informed that the U.S. Department of Justice objected to the transaction. Sale of the pump and engine control systems unit is one of the divestitures required by regulatory authorities as a condition of UTC's acquisition of Goodrich Corporation. UTC intends to comply with its obligation to sell this business to a buyer acceptable to the U.S. Department of Justice and European Commission. Any proposed transaction would be subject to regulatory approvals in the U.S. and other jurisdictions and to other customary closing conditions. 

Company Quote

105.15
-1.23 -1.16%
3:59pm EDT