Goodrich Shareholders OK UTX Merger
Goodrich Corporation (NYSE:GR) shareholders at the special meeting held on March 13, 2012 unanimously voted and approved the proposed merger with United Technologies Corp. (NYSE:UTX). However, as stated earlier the deal is expected to be completed by the first half of 2012. On completion of the merger, Goodrich will become a wholly owned subsidiary of [...]
Goodrich Corporation (NYSE:GR) shareholders at the special meeting held on March 13, 2012 unanimously voted and approved the proposed merger with United Technologies Corp. (NYSE:UTX). However, as stated earlier the deal is expected to be completed by the first half of 2012.
On completion of the merger, Goodrich will become a wholly owned subsidiary of United Technologies and the former’s shareholders will receive $127.50 in cash, for each share of Goodrich owned. This reflects a 47.4% premium to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards