Harris Corporation and L3 Technologies to merge in all-stock deal

Harris Corporation and L3 Technologies agreed to combine in an all-stock merger of equals to form L3 Harris Technologies, a global defense technology leader. Harris shareholders will own 54% and L3 shareholders 46% of the combined company, which expects $16 billion in revenue for 2018.

“This transaction extends our position as a premier global defense technology company that unlocks additional growth opportunities and generates value for our customers, employees and shareholders.”businesswire.com

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• businesswire.comHarris Corporation and L3 Technologies to Combine in Merger of Equals to Create a Global Defense Technology LeaderOct 14, 2018

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