United Technologies (UTX +0.5%) finishes the day in the green after announcing earlier that it's...

|About: United Technologies Corpora... (UTX)|By:, SA News Editor

United Technologies (UTX +0.5%) finishes the day in the green after announcing earlier that it's reached an agreement to sell its former Goodrich pump and engine control systems business to Triumph Group (TGI +3.8%). The deal is expected to close in Q113. The sale of the unit was one of the divestitures required by regulatory authorities as a condition of UTX's acquisition of Goodrich Corporation.