Home United Technologies (UTX) Stock Gains on Potential Sikorsky Sale
 

Keywords :   


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

Category:Materials

Latest from this category

All news

»
23.11 3
23.11
23.11GEN FACTORY CARVE7.7 2525.5
23.11110
23.11 ssp
23.11L
23.11
23.11 DVD-BOX6
More »