Rockwell Collins' Shareowners Vote Overwhelmingly In Favor of Acquisition By UTC | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Airborne Unlimited-
Monday

Airborne-Unmanned w/AUVSI-
Tuesday

Airborne Unlimited-
Wednesday

AMA Drone Report-
Thursday

Airborne Unlimited-
Friday

Airborne On ANN

Airborne Unlimited-01.14.19

Airborne Unmanned-01.15.19

Airborne Unlimited-01.16.19

AMA Drone Report-01.10.19

Airborne Unlimited-01.11.19

Airborne-YouTube

Airborne Unlimited-01.14.19

Airborne Unmanned-01.15.19

Airborne Unlimited-01.16.19

AMA Drone Report-01.10.19

Airborne Unlimited-01.11.19

Sat, Jan 13, 2018

Rockwell Collins' Shareowners Vote Overwhelmingly In Favor of Acquisition By UTC

Deal Still Requires U.S. Government Approval

Shareholders in Rockwell Collins have overwhelmingly approved the proposed acquisition of Rockwell Collins by United Technologies Corp. More than 96 percent of all votes cast, representing more than 72 percent of all shares of common stock outstanding on the record date for the special meeting, were in favor of the transaction.

Upon satisfaction of required regulatory and other customary closing conditions, Rockwell Collins will be combined with UTC Aerospace Systems to create a new United Technologies business called Collins Aerospace Systems. The proposed transaction is expected to close by the third quarter of 2018.

“Shareowners have made clear their support for this acquisition, bringing it one step closer to reality,” said Kelly Ortberg, Rockwell Collins’ Chairman, president and CEO. “As Collins Aerospace, we’ll be a stronger company, with attractive aerospace product and service portfolios, and ultimately, better positioned for long-term success.”

A full description of the proposed transaction is included in the proxy statement for the special meeting available through the Securities and Exchange Commission website at www.sec.gov.

(Source: Rockwell Collins news release)

FMI: www.rockwellcollins.com

Advertisement

More News

ANN's Daily Aero-Linx (01.16.19)

"Lost in space: They paid $100,000 to ride on XCOR's space plane. Now they want their money back" From the Los Angeles Times, the story of XCOR and its ticket holders — 282 o>[...]

Aero-News: Quote of the Day (01.16.19)

"The FAA’s separate call for comments on a proposed rule concerning operational limitations, airspace restrictions, hardware requirements, and associated identification and t>[...]

ANN's Daily Aero-Term (01.16.19): QFE

The atmospheric pressure at aerodrome elevation (or at runway threshold).>[...]

Airborne 01.14.19: Air Race Classic, Student In Distress, AirCam Bahamas

Also: AvGroups Urge End To Shutdown, USAF Accepts KC-46A, Hubble Images, New Airport for Knoxville? Registration is open for the 43rd Air Race Classic (ARC), the annual all-women c>[...]

Airborne 01.14.19: Air Race Classic, Student In Distress, AirCam Bahamas

Also: AvGroups Urge End To Shutdown, USAF Accepts KC-46A, Hubble Images, New Airport for Knoxville? Registration is open for the 43rd Air Race Classic (ARC), the annual all-women c>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2019 Web Development & Design by Pauli Systems, LC