Rockwell Collins to buy B/E Aerospace for $6.4 billion
BPC Staff Oct 24, 2016 | 4:05 pm
<1 min read time
66 wordsAll Latest News, Manufacturing, Statewide NewsNew 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.