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10nisman

03/17/12 6:44 PM

#23 RE: DewDiligence #22

UTX axes Hamilton Sundstrand and wind business to fund GR deal

Not a complete axe of HS as UTX has kept the high value core pieces of HS --- aerospace/power generation. With the purchase of Goodrich, UTX now has a monopoly like position in both aerospace power (HS) and landing gear systems (GR).