Has anyone seen a closure date? I haven't. When does the money change hands? I know the FTC has to rule on it at some point but I doubt there will be any problems with that. GR is only about 10-15% the size of UTC. Its not like UTC is locking up a monopoly by buying GR. But then there's the financing and due diligence that UTC has to get done. So, anybody know when it supposed to close?
This should not be a problem or issue. A very solid all around win-win. Was part of the 2000 takeover scenario with GE UTC HON and Allied Signal. This is not even close regarding anti-trust issues. Will be sooner rather than later. Largest cash deal in history, so a date certain would not be realistic to predict.