Report: United Arab Emirates Companies to Bid for Textron (TXT)
Posted on April 09, 2009 at 10:53 AM EDT
According to a Dow Jones report, quoting a Kuwaiti newspaper, a consortium of companies from the United Arab Emirates is planning to make an acquisition offer to U.S.-based aircraft and defense contractor Textron Inc. (TXT). Quoting an unidentified source, the report claims that the consortium will offer $21 per share for Textron, which would be more [...]
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