AEROSPACE
- Share via
From Times Staff and Wire Reports
Rockwell Says Offer for Reliance Has Cleared Hurdles: The Seal Beach-based aerospace company said it has obtained all the regulatory approvals for its $30-a-share tender offer for all outstanding stock of Reliance Electric Co. Rockwell International Corp. announced the offer last month as it moved to buy Cleveland-based Reliance for $1.5 billion in cash. That beats a $1.4-billion stock swap offer that General Signal Corp. made for Reliance on Aug. 30.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
