United Technologies (UTX) To Buy Goodrich (GR) for $127.50/Share

September 21, 2011 8:38 PM EDT
After days of speculation, United Technologies (NYSE: UTX) has agreed to acquire Goodrich (NYSE: GR) for $16.4 billion in cash, the Wall Street Journal reported late Wednesday.

United Technologies is paying Goodrich $127.50 per share, a source told the Wall Street Journal.


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