United Technologies merger settlement approved

Published May 29, 2013 8:46pm ET



WASHINGTON (AP) — A federal judge has approved a settlement in which United Technologies Corp. will sell some of its assets as part of its $18.4 billion purchase of aerospace-parts maker Goodrich Corp., the largest merger in aircraft industry history.

The settlement between Hartford, Conn., -based United Technologies and the Justice Department was approved Wednesday by U.S. District Court Judge Ketanji Brown Jackson.

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