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Rockwell Collins Shareholders Set Jan. 11 Vote on UTC Deal

Rockwell Collins (NYSE: COL) is set to hold a shareholder meeting on Jan. 11 to decide on proposals associated with United Technologies Corp.’s (NYSE: UTX) proposed $30 billion acquisition of the Cedar Rapids, Iowa-based avionics contractor.

Rockwell Collins said Monday shareholders of record as of Dec. 8 will be eligible to vote on the merger deal.

A definitive proxy statement filed with the Securities and Exchange Commission Monday contains details on the meeting and proposals.

Farmington, Connecticut-based UTC agreed to buy Rockwell Collins in September and plans to form a new business unit – Collins Aerospace Systems – through the acquisition.

Rockwell Collins will also convene an annual meeting for stockholders on Feb. 1.

Both companies expect to close the transaction in the third quarter of 2018.

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