Personally I'd rather have the $108 bird in hand than some hoped for value in the future. I highly doubt you'll see UTX at $108 in the next 2 years, short of another buy-out / merger offer. UTX is only worth what people are willing to pay for it. Right now your looking at $94, a big difference from the $108 offer. Show me the Money and show it to me Now! With the PPS performance since Hayes has been in charge, he should be fired.
Replace all upper management with low paid Mexican workers. Probably couldn't do any worse. Down $40 from it's high. I think they should change their symbol to POS, and that's not "Price withOut Sikorsky".