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BAE Systems has reached a definitive agreement to acquire Raytheon's Airborne Tactical Radios business for $275 million in cash, with an expected tax benefit of approximately $50 million. The acquisition is subject to regulatory approvals and the closure of the Raytheon-UTC merger.
“For Raytheon’s ATR business, the purchase agreement calls for cash of $275 million, with an expected tax benefit of approximately $50 million.”businesswire.com
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