Why Jim Cramer Is Pleased With Rockwell's Proposed Acquisition of B/E Aerospace

Jim Cramer is fond of Rockwell Collins' proposed acquisition of B/E Aerospace, which was announced on Sunday
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TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer is fond of Rockwell Collins' (COL) proposed acquisition of B/E Aerospace (BEAV) , which was announced on Sunday. "That's a great merger because Boeing (BA) - Get Report and Bombardier and Airbus have been squeezing their suppliers endlessly," Cramer said. "Rockwell gets together with BEA - maybe that has has a little more heft, a little more staying power and a little more bargaining power." Rockwell Collins agreed to pay $62 a share for BEA, which trades over $58.