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EU Watchdog OKs $23B UTC, Rockwell Deal

By Shayna Posses (May 4, 2018, 5:16 PM EDT) -- The European Commission has cleared United Technologies Corp.'s $23 billion cash and stock bid to buy Rockwell Collins Inc., noting in a Friday announcement that its blessing is conditional on UTC getting rid of businesses in several areas, including pilot controls and aircraft ice protection....

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