NEW YORK (Real Money) -- They just keep happening, yet we're not focusing on them. We keep focusing on everything else: Ukraine, Chinese industrial numbers, interest rate declines in U.S. Treasuries, stimulus-tapering by the Fed.
But we aren't paying attention to this massive wave of buyouts, breakups and mergers -- and today it is B/E Aerospace's (BEAV) turn to walk down the aisle.
B/E Aerospace is a company that has managed to integrate itself into so many parts of all planes -- commercial and business jets -- that it's got a huge chunk of pretty much every plane. Yesterday, this company canceled a scheduled analyst meeting and instead issued a release stating that it has decided to explore all alternatives, including a takeover.
This $9 billion company would be a natural fit for United Technologies (UTX) after United Tech's $16.5 billion buy of landing-gear outfit Goodrich in late 2011. It could work well for General Electric (GE), but that company's probably got too much on its plate. I would say Honeywell (HON), except Honeywell sold a fastener distributor to B/E six years ago, and I can't image that it wants to buy the company back. I can understand, though, why Honeywell would want to own all the instrumentation upfront, as well as the seating, lighting and galley portions of the plane. It did just sell 1.5 million shares of B/E that it received as part of the consideration for the sold fastener division and, otherwise, it retains 1.9 million shares.