Key Points:
- Name: Raytheon Technologies
- Become second largest aerospace and defense company
- Valuation of both together to be 166 Billion
- Raytheon Stock holders to get 2.3348 shares / 1 share in the new company stock
- The combined company will have about $74bn in sales in 2019.
- United Technologies shareholders would own 57% of the combined company, with Raytheon shareholders owning 43%
- United Technologies 8 Board Seats // Raytheon 7 Board seats
LINK: https://www.cnbc.com/2019/06/08/raytheon-and-united-technologies-are-in-talks-to-merge-wsj.html
Submitted June 09, 2019 at 09:50PM by tortafeet http://bit.ly/2XEkDEA
