Replies to post #28 on United Technologies Corp (UTX)

[DewDiligence]

UTX sells three units of Hamilton Sunstrand to private-equity group for $3.5B:

http://online.wsj.com/article/SB10000872396390443931404577549340749859260.html

The Hamilton Sundstrand units in the sale are three separate units. The Sundyne unit makes pumps and compressors used in refineries and chemical plants; Milton Roy supplies metering pumps for oil and gas, chemicals and water treatment operations; and Sullair manufactures compressors for pneumatic tools and industrial equipment.

This is part of the planned divestiture to help pay for UTX’s $16.5B acquisition of GR.