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: Deals http://feeds.reuters.com/~r/news/deals/~3/D61BBrsrlTo/us-textron-beechcraft-idUSBRE9BQ00P20131227