Tagged UTX

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UTX to Split Into Three Cos

FARMINGTON, Conn., Nov. 26, 2018 /PRNewswire/ — United Technologies Corp. (NYSE: UTX) today announced the completion of its acquisition of Rockwell Collins (NYSE: COL) and the company’s intention to separate its commercial businesses, Otis and Carrier (formerly CCS), into independent entities. The separation will result in three global, industry-leading companies: United Technologies, comprised of Collins Aerospace Systems…