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United Technologies Enters $2.65 Billion Accelerated Stock Buyback Deals

2015-03-17 03:55:35| Paper - Topix.net

"United Technologies announced on Friday accelerated share buyback agreements with both Goldman Sachs and Morgan Stanley for the repurchase of a total of $2.65 billion worth of the industrial conglomerate's common stock," reports MarketWatch . Under terms of the accords, United Technologies will make payments of $1.325 billion to both Goldman and Morgan Stanley.

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