Lockheed, Textron are Final Contenders to Buy Sikorsky -Reuters
July 08 2015 - 8:02PM
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
Write to nymonitoring@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
Textron (NYSE:TXT)
Historical Stock Chart
From Mar 2024 to Apr 2024
Textron (NYSE:TXT)
Historical Stock Chart
From Apr 2023 to Apr 2024