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United Technologies merger will require asset sale

By Pete Yost
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WASHINGTON (AP) — The Justice Department said Thursday that United Technologies Corp. must sell some assets in order to proceed with its purchase of aerospace-parts maker Goodrich Corp. in an $18.4 billion deal that is the largest merger in aircraft industry history.

The sale that the department is requiring for the deal to go through involves assets used in the production of electrical power systems and aircraft engine control systems.

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