From: email@example.com (Drakeal) Organization: America Online, Inc. (1-800-827-6364) Date: 04 Oct 95 22:57:23 References: 1 Followups: 1
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I work at Pratt. This rumor has been circulating for the last three years, and is always vehemently denied by top management from both companies...which makes me think there must be some truth to it. The reasons cited for not doing it are: 1) RR is already doing poorly compared to PW & GE, so there is no reason for UTC add another slack performer when it already has PW to carry around; and, 2) Governmental regulations on both sides of the Atlantic tend to restrict the flow of patented technology between the two business units. A counterargument would be that PW would gain significant access to EC markets through association with RR. I tend to doubt a merger.