Rockwell Collins buys B/E Aerospace for $62 per share
Aircraft component maker Rockwell Collins Inc has struck a deal to buy aircraft interior maker B/E Aerospace Inc for $62 per share in cash and stock, the companies said on Sunday. The acquisition, valued at $6.4 billion plus the assumption of $1.9 billion in debt, expands the range of products Rockwell Collins supplies to major commercial and business aircraft and broadens its customer based internationally. Rockwell agreed to pay $34.10 per share in cash and $27.90 in shares of Rockwell Collins stock, a 22.5 percent premium to B/E Aerospace's closing price on Friday.
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At least 7 dead after tour bus, truck crash in CaliforniaDESERT HOT SPRINGS, Calif. (AP) ? A tour bus and a semi-truck crashed on a highway in Southern California early Sunday, killing at least seven people, the California Highway Patrol said.
Venezuela congress presses for Maduro trial, escalating standoff
By Alexandra Ulmer and Deisy Buitrago CARACAS (Reuters) - Venezuela's opposition-led National Assembly on Sunday vowed to put Nicolas Maduro on trial for violating democracy, days after authorities nixed a recall referendum against the unpopular leftist president. The measure is unlikely to get traction given the government and a compliant Supreme Court have systematically undermined the legislature, but it marked a further escalation of political tensions in the crisis-hit OPEC nation. "It is a political and legal trial against President Nicolas Maduro to see what responsibility he has in the constitutional rupture that has broken democracy, human rights, and the future of the country," said opposition majority leader Julio Borges during a special congressional session.
Palestinians arrest 4 who attended settler celebrationRAMALLAH, West Bank (AP) ? Four Palestinians have been detained for attending a Jewish holiday celebration in a West Bank settlement, according to Palestinian officials.
Hezbollah to stay in Syria until 'apostate project' defeatedBEIRUT (AP) ? Hezbollah leader Hassan Nasrallah cast the insurgency against Syrian President Bashar Assad as a facade designed to weaken Iran's regional access and make "changes to the map", vowing to stay in the country until it could "defeat the apostate project."
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Lithuania opposition eyes power in run-off election
Tipped as the next prime minister, leader of the conservative Homeland Union Gabrielius Landsbergis has presented himself as the face of change. The 34-year-old grandson of Lithuanian independence icon Vytautas Landsbergis has vowed to fight emigration by creating jobs, reforming education, boosting exports and foreign investment. Leftists finished third with just 14.42 percent -- 10 seats -- a damaging blow for Prime Minister Algirdas Butkevicius' Social Democrats.