Something that many people are missing in this, and that I know I missed the first time around, is that UTC is the company with majority stake in this merger.
The main reason this is relevant from my perspective is that Rockwell Collins, a major employer in Cedar Rapids, Iowa got bought out by UTC a year or so ago, and the clip on the radio about the merger this morning suggested the deal went the other way and the new Collins Aerospace was likely to be renamed into something else. But Collins Aerospace is one of the four main divisions of the proposed new company.
The main reason this is relevant from my perspective is that Rockwell Collins, a major employer in Cedar Rapids, Iowa got bought out by UTC a year or so ago, and the clip on the radio about the merger this morning suggested the deal went the other way and the new Collins Aerospace was likely to be renamed into something else. But Collins Aerospace is one of the four main divisions of the proposed new company.