With Collins Merger Ahead, UTC Eyes Future of Portfolio
UTC leadership looking at all options for the corporation, including splitting into three organizations, further acquisitions, or divistitures.

United Technologies Corp. (UTC) remains on pace for completion of its $30 billion acquisition of Rockwell Collins in the third quarter, UTC chairman and CEO Gregory Hayes confirmed yesterday. At the same time, Hayes, speaking to analysts during the second quarter earnings call, addressed questions about a potential breakup of UTC or divestiture of certain of its current product lines, saying the company continues to evaluate the future of its portfolio and a decision should be made in the fourth quarter.


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