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Honeywell (HON), Lockheed Martin (LMT) and Rockwell Collins (ROK) are reportedly among the...

Honeywell (HON), Lockheed Martin (LMT) and Rockwell Collins (ROK) are reportedly among the strategic bidders that have made it to the second round of the auction for Carlyle (CG) portfolio company Arinc. Carlyle hopes to fetch $1.3-1.5B for the aerospace communications firm, which has also attracted offers from P-E firms such as Blackstone (BX). Carlyle is spending more time courting the industrial companies on the theory that they'll offer more money than the P-E funds.
Comments (3)
  • elvis1
    , contributor
    Comments (14) | Send Message
     
    Surprised to see HON on the list of bidders. They have been almost completely dormant on the Aerospace acquisition front for 10 years.
    11 Jul 2013, 10:16 AM Reply Like
  • jjvacc
    , contributor
    Comments (100) | Send Message
     
    The symbol for Rockwell Collins is COL not ROK.
    11 Jul 2013, 12:26 PM Reply Like
  • User 9118611
    , contributor
    Comment (1) | Send Message
     
    Rockwell Collins was spun off from Rockwell Automation over 10 years ago. You should be looking at COL.
    11 Jul 2013, 12:52 PM Reply Like
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