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United Technologies Says Rockwell Deal, Breakup Decision on Track

Stock Market Quotes and News

United Technologies Corp. Chief Executive Greg Hayes said that he expects to close the $23 billion acquisition of Rockwell Collins Inc. by the end of the month, and that in the meantime the industrial conglomerate is forging ahead with plans for a possible breakup. The deal was announced a year ago and Mr. Hayes said in May that he expected it to close in June or July, leading to speculation that regulators were raising questions...

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