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Tuesday, January 6, 2015

BRIEF-Meggitt buys Precision Engine Controls for $44.2 mln, (NYSE: UTX)

Meggitt Plc * Acquired Precision Engine Controls Corporation ("PECC") from United Technologies Corporation

United Technologies Corporation (UTC) provides high technology products and services to the building systems and aerospace industries worldwide. Shares of UTX fell by 1.67% or $-1.92/share to $113.12. In the past year, the shares have traded as low as $97.30 and as high as $120.66. On average, 4573050 shares of UTX exchange hands on a given day and today's volume is recorded at 4765317.