Chaces of United Technologies buying Textron or a Unit?
Being a Textron shareholder, this may merely be a wishful thinking in hopes of stock appreciation and this topic has been discussed in the past but then the timing was not right because United Technologies was completing purchase of Goodrich and doing needed divestitutres to satisfy regulators. Now that UTX has completed sale of 3 or 4 major to satisfy the regulators, what does UTX do with all the cash from sales? The synergies with Textron Systems or Bell Helicopter are attractive. Any thoughts about the chances of this happening?
Anything is possible. Its just a question of when it may happen. Synergies are certainly there but it will take good money to sell some of the Textron bright stars. Chenevert better bring some serious offer if he is serious about owning these companies with great product portfolio.