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United Technologies in Talks to Acquire Nortek

2015-08-20 21:11:17| Paper - Topix.net

United Technologies Corp. is in talks to buy Nortek Inc., a maker of home-security and ventilation systems, according to people familiar with the matter, in a deal that would mark the industrial conglomerate's latest move to remake itself amid lackluster results. It is unclear where talks between United Technologies and Nortek stand or what price is being discussed.

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