United Technologies (UTX) Could Sell Pratt & Whitney Power Systems for $1B -Reuters

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Shares of United Technologies (NYSE: UTX) spiked above the $75 level following a Reuters report suggesting the company is exploring the sale of its Pratt & Whitney Power Systems. The unit could be worth about $1 billion.

The stock is up 0.65 percent to $74.99 at last check.

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