Textron Is Best Option for Sikorsky Sale Over Spinoff

Bloomberg.com - 5/20/2015

For United Technologies Corp., merging its Sikorsky helicopter unit with Textron Inc. could be a good alternative to a traditional spinoff. The $106 billion maker of aircraft engines and elevators announced in March that it would divest Sikorsky, either by selling it or spinning it off. A final decision by United Technologies will come in about a month.

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