U.S. Markets closed

[$$] United Technologies Says Rockwell Deal, Breakup Decision on Track

United Technologies Corp. Chief Executive Greg Hayes said that he expects to close the $23 billion acquisition of Rockwell Collins Inc. by the end of the month, and that in the meantime the industrial conglomerate is forging ahead with plans for a possible breakup. The Otis elevator business would be separate, as would its Climate, Controls & Security division, which owns Carrier air conditioners.