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Tag Archives: regulatory approval

UTC-Rockwell Collins Deal Gets Final Regulatory Clearance

Chinese regulators have given United Technologies Corp. (NYSE: UTX) the green light to pursue its planned $30B acquisition of Rockwell Collins (NYSE: COL). UTC said Friday the approval marks the final regulatory clearance the company needed to complete its purchase of the Cedar Rapids, Iowa-based avionics contractor. Farmington, Conn.-based conglomerate UTC agreed …

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Greg Hayes: UTC Targets Q3 2018 for Rockwell Collins Deal Completion

Greg Hayes, CEO of United Technologies Corp. (NYSE: UTX), has said the company is “on track” with the regulatory clearance process and in the final phase of completion with regard to its pending $30 billion acquisition of Rockwell Collins (NYSE: COL), The Gazette reported Tuesday. “We expect the transaction to close here …

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Justice Dept OKs CenturyLink-Level 3 Merger Deal

The Justice Department has agreed to approve the pending $34 billion acquisition of Level 3 Communications (NYSE: LVLT) by CenturyLink (NYSE: CTL), subject to court approval of certain conditions in a consent decree. CenturyLink said Monday the combined firm needs to divest 24 dark fiber strands that link 30 city-pairs across the U.S. via an …

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Reports: US Regulators OK Lockheed’s Sikorsky Acquisition

U.S. regulators have approved Lockheed Martin‘s (NYSE: LMT) $9 billion acquisition of United Technologies Corp.‘s (NYSE: UTX) Sikorsky Aircraft subsidiary, Reuters reported Thursday. Andrea Shalal writes that filings with the U.S. Securities and Exchange Commission indicate that U.S. officials, as well as regulators in Japan and South Korea, have approved the acquisition deal. …

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