Item 7.01. Regulation FD Disclosure.
OnDecember 20, 2019 ,TransDigm Group Incorporated ("TransDigm") issued a press release (the "Press Release") announcing the completion of the divestiture of Souriau-Sunbank Connection Technologies ("Souriau-Sunbank") to Eaton Corporation plc ("Eaton") for approximately$920 million . Souriau-Sunbank was acquired byTransDigm as part of its acquisition of Esterline Technologies Corporation inMarch 2019 . The Press Release also announced thatTransDigm's board of directors authorized and declared a special cash dividend of$32.50 on each outstanding share of common stock and cash dividend equivalent payments on options granted under its stock option plans. The record date for the special dividend isDecember 30, 2019 , and the payment date for the dividend isJanuary 7, 2020 . A copy of the Press Release is furnished with this Current Report as Exhibit 99.1 and is incorporated herein by reference. The information in this Item 7.01 on Form 8-K and in Exhibit 99.1 is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in filings under the Securities Act of 1933.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
The following exhibit is being filed with this Current Report on Form 8-K:
99.1 Press Release dated
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