United Technologies Unloading Businesses
Today, analysts Brendan Byrnes and Austin Smith discuss United Tech's recent move to shed some assets. The company is financing its $16.5 billion acquisition of Goodrich by issuing debt and selling a few peripheral businesses, a necessary move considering the upside of the Goodrich purchase.
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The article United Technologies Unloading Businesses originally appeared on Fool.com.Austin Smith has no positions in the stocks mentioned above. Brendan Byrnes owns shares of United Technologies. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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