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Jan 25, 2022ACQUISITIONUnited States Lockheed Martin and Aerojet Rocketdyne postpone merger closure amid FTC concerns
Lockheed Martin and Aerojet Rocketdyne agreed with the FTC to postpone closing their merger beyond January 27, 2022, as the FTC indicated it may sue to block the transaction.
Productsrocket engines
“We believe it is highly likely that the FTC will vote to sue to block the transaction and expect they will make a decision before Jan. 27, 2022.”streetinsider.com
- 2 sources
- streetinsider.comAerojet Rocketdyne (AJRD) and Lockheed Martin (LMT) Postpone Merger Closure on FTC ConcernsJan 25, 2022
- compositesworld.comLockheed Martin terminates agreement to acquire Aerojet Rocketdyne amid regulatory roadblocks | CompositesWorldGrace StubbinsFeb 14, 2022
Summarized from public sources; check the original articles before acting on it.
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