Lockheed, Textron are Final Contenders to Buy Sikorsky -Reuters
09 July 2015 - 10:02AM
Dow Jones News
Lockheed Martin Corp. (LMT) and Textron Inc. (TXT) are the final
contenders to buy United Technologies Corp. (UTX) unit Sikorsky
Aircraft, Reuters reported Wednesday, citing people familiar with
the matter.
Sikorsky could be valued at about $8 billion, Reuters
reported.
United Technologies may reach a decision by the end of the
month, one of the people told Reuters.
The report said United could still opt for a spinoff instead of
a sale.
Full story at
http://www.reuters.com/article/2015/07/08/us-sikorsky-m-a-idUSKCN0PI2Q520150708
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