Textron to buy Beechcraft for $1.4 billion

(Reuters) - Textron Inc , maker of Cessna planes, said it will buy aircraft maker Beechcraft Corp for about $1.4 billion in cash, in a deal that sees Textron expand its aviation business.

from Reuters: Business News http://feeds.reuters.com/~r/reuters/businessNews/~3/HGaoetZxXfs/story01.htm