Rockwell Collins announces plans to acquire AR Group Inc and affiliated companies
COL | Quote | Chart | News | PowerRating -- Rockwell Collins Inc (NYSE:COL), a provider of communication and
aviation electronics solutions for commercial and government
applications, announced on Tuesday that it plans to acquire AR Group
Inc and its affiliated companies.
The acquisition will include Air Routing International, a provider of
trip support services for business aircraft flight operations.
Under the agreement, Rockwell Collins will acquire all of the
outstanding shares of AR Group Inc and its affiliated company. The
transaction is expected to close in approximately 40 days, subject to
customary closing conditions.
Financial details of the transaction were not disclosed.
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