10 November, 2009
United Technologies ready to buy GE Unit -Bloomberg
NEW YORK, Nov 10 (Reuters) - United Technologies (UTX.N) in nearing a purchase of General Electric Co's (GE.N) fire alarm and security systems unit for at least $1.8 billion, and a deal could be announced as early as Thursday, Bloomberg reported on Tuesday.
Bloomberg cited two people familiar with the matter.
A United Technologies spokesman declined to comment. A GE spokeswoman was not immediately available for comment.
Source: http://www.reuters.com
United Technologies ready to buy GE Unit -Bloomberg Added: (10.11.2009)
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