NEW YORK (Reuters) - United Technologies Corp has reached a $16.4 billion cash deal to acquire aircraft components maker Goodrich Corp , the Wall Street Journal said in its online edition, citing a source familar with the matter.
United Tech is paying $127.50 a share for Goodrich, the report said, a 47 percent premium over the stock's closing price last Thursday, before Reuters first reported that negotiations were underway.
The deal, if completed, would be the diversified U.S. manufacturer's largest takeover in a decade.
It would boost United Tech's presence in the commercial aviation business, as Goodrich supplies a host of parts to both European aerospace conglomerate EADS's
It would be a big move for United Tech Chief Executive Louis Chenevert, who had long said he was interested in doing more deals but was having a hard time coming to terms with targets on price.
(Reporting by Paritosh Bansal; Editing by Richard Chang)
