Rockwell Collins to buy B/E Aerospace for $6.4 billion

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New York Times: Rockwell Collins has struck a deal to buy an aircraft interior maker, B/E Aerospace, for $62 a share in cash and stock, the companies said Sunday. The acquisition, valued at $6.4 billion plus the assumption of $1.9 billion in debt, expands the range of products that Cedar Rapids-based Rockwell Collins supplies to major commercial and business aircraft and broadens its customer base internationally.

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