Activist fund pushes Rockwell Collins to reconsider B/E deal

Activist fund pushes Rockwell Collins to reconsider B/E deal

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BPC Staff | Dec 1, 2016 | 5:53 pm |

<1 min read time

Rockwell Collins Inc. is under pressure from activist fund Starboard Value LP to reconsider its $6.4 billion purchase of B/E Aerospace Inc. and instead explore alternative options, including selling itself, according to people familiar with the matter.

Bloomberg: Rockwell Collins Inc. is under pressure from activist fund Starboard Value LP to reconsider its $6.4 billion purchase of B/E Aerospace Inc. and instead explore alternative options, including selling itself, according to people familiar with the matter. Rockwell Collins issued a statement saying it still supports the B/E deal.

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