Goodrich (GR) Ramps On Speculation of UTX (UTX) Takeover

September 19, 2011 7:52 AM EDT
Shares of Goodrich Corp. (NYSE: GR) are up 17 percent in pre-open trading as buyout hope grows following reports Friday that United Technologies Corp. (NYSE: UTX) is prepared to launch a bid for the company.

Following original reports from Bloomberg about the potential deal Friday, the Wall Street Journal reported over the weekend that a deal between the two was in the works - adding credence to the original story.


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