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United Technologies to shed Sikorsky

2015-06-16 07:15:22| Paper - Topix.net

Sen. Richard Blumenthal wants the U.S. to purchase 15 additional UH-60M Black Hawk helicopters, as pictured here in the military hangar at Sikorsky Aircraft in Stratford in 2008, for the Army National Guard. Photo: Ned Gerard /File Photo A Sikorsky UH-60M Black Hawk sits partially built on the line in the military assembly building at Sikorsky Aircraft in Stratford in 2008.

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UTC confirms Sikorsky to be sold or spun off

2015-06-16 07:09:26| Industrial Machines - Topix.net

Sen. Richard Blumenthal wants the U.S. to purchase 15 additional UH-60M Black Hawk helicopters, as pictured here in the military hangar at Sikorsky Aircraft in Stratford in 2008, for the Army National Guard. Photo: Ned Gerard /File Photo FILE - In this Sept.

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United Technologies (UTX) Stock Gains on Potential Sikorsky Sale

2015-06-10 19:02:50| Industrial Machines - Topix.net

The company is looking to either sell the business to Textron , which expressed interest in buying the business earlier this month, or spin it off, according to Reuters sources. The Textron sale would be facilitated through a Reverse Morris Trust, a transaction that would allow United Technologies to avoid paying taxes on the sale.

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United Technologies (UTX) Stock Gains on Potential Sikorsky Sale

2015-06-10 18:22:56| Paper - Topix.net

The company is looking to either sell the business to Textron , which expressed interest in buying the business earlier this month, or spin it off, according to Reuters sources. The Textron sale would be facilitated through a Reverse Morris Trust, a transaction that would allow United Technologies to avoid paying taxes on the sale.

Tags: united sale stock potential

 

Airbus 'Interested' To See If Sikorsky Is For Sale

2015-06-08 17:33:02| Industrial Machines - Topix.net

"We are watching that with interest. We are interested to see what United Technologies intends to do with Sikorsky," Airbus CEO Allan McArtor told Reuters at a conference in Israel.

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