Home / M&A Activity / Rockwell Collins Shareholders Set Jan. 11 Vote on UTC Deal

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.

Check Also

Raytheon Wins $642M MDA IDIQ to Help Test Ballistic Missile Defense System Radars

Raytheon (NYSE: RTN) has won a potential $641.8 million contract to help the  Missile Defense …

Johns Hopkins APL Lands $934M MDA Systems Engineering, Technical Support Contract

Johns Hopkins University’s Applied Physics Laboratory has received a potential five-year, $933.7 million contract to …

Subscribe to our Newsletter
I will subscribe later