Looks like a nice fit

Article Excerpt

UNITED TECHNOLOGIES CORP. $69 (New York symbol UTX; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 994.4 million; Market cap: $68.6 billion; WSSF Rating: Above average) has agreed to pay roughly $340 million for a Finnish maker of water mist fire suppression systems. The cost is equal to 42% of the $0.82 a share (total $819 million) that United Technologies earned in the first quarter of 2007. Water mist systems tend to put out fires more quickly than traditional building sprinklers, and cause less flooding and water damage. This operation should strengthen the company’s growing building security business. United Technologies is a buy. buy…