United Technologies buys Rockwell Collins for $22.75 billion

NEW YORK (AP) — United Technologies is acquiring Rockwell Collins for $22.75 billion in order to expand its aerospace capabilities.United Tech, which makes Otis elevators and Pratt & Whitney engines, said Monday it’s paying $140 per share in cash and stock for Rockwell Collins, a 9.4 premium over Tuesday’s closing price, when reports of a […]