An investigation on behalf of investors, who currently hold shares of Rockwell Collins, Inc. (NYSE:COL), was announced concerning whether the takeover of Rockwell Collins, Inc. by United Technologies Corp. for $140.00 per share is unfair to NYSE:COL stockholders.

The investigation by a law firm concerns whether certain officers and directors of Rockwell Collins, Inc. breached their fiduciary duties owed to NYSE:COL investors in connection with the proposed acquisition.

Cedar Rapids, IA based Rockwell Collins, Inc. designs, produces and supports communications and aviation systems for commercial and military customers. On Sept. 4, 2017, United Technologies Corp. (NYSE: UTX) and Rockwell Collins, Inc. (NYSE: COL) announced that they have reached an agreement under which United Technologies will acquire Rockwell Collins for $140.00 per share, in cash and United Technologies Corp stock.

However, the investigation concerns whether the offer is unfair to NYSE:COL stockholders. More specifically, the investigation concerns whether the Rockwell Collins Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

Rockwell Collins, Inc. reported that its Total Revenue rose from over $5.24 billion for the 52 weeks period that ended on September 30, 2015 to over $5.25 billion for the 52 weeks period that ended on September 30, 2016.

On September 8, 2017, NYSE:COL shares closed at $130.95 per share.