HALISTER: UTX Said to Have Made Less Than $140/Shr Offer for Rockwell: DJ

UTX Said to Have Made Less Than $140/Shr Offer for Rockwell: DJ

(Bloomberg) -- United Technologies is said to have initially made offer of $140/share for Rockwell Collins, DJ said, citing one person familiar with the matter.
  • Two sides still in talks, not clear if will lead to agreement
  • COL up as much as 7.9%, most intraday since Jan. 2012
  • NOTE: Earlier, United Tech Mulling Rockwell Bid Is ‘Puzzling’: Street Wrap
To contact the reporter on this story: Joshua Fineman in New York at jfineman@bloomberg.net To contact the editors responsible for this story: Arie Shapira at ashapira3@bloomberg.net Steven Fromm

Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
UTX US (United Technologies Corp)
COL US (Rockwell Collins Inc)

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