Harris Corporation and L3 Technologies Set Closing Date for Merger
HARRIS (HRS)
Last harris earnings: 5/1 06:30 am
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US:NYSE Investor Relations:
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Source: Business Wire
Highlights:Regulatory approvals obtained; merger closing set for June 29, 2019Combined company will be named L3Harris TechnologiesShares will trade on NYSE under ticker symbol “LHX” MELBOURNE, Fla. & NEW YORK--(BUSINESS WIRE)--Harris Corporation (NYSE:HRS) and L3 Technologies (NYSE:LLL) announced that they have received the necessary regulatory approvals for their all-stock merger and have set a closing date of June 29, 2019.Upon closing, Harris will be renamed L3Harris Technologies, Inc., and shares of L3Harris common stock will trade on the NYSE under ticker symbol “LHX”. L3 shares will cease trading upon market close on June 28 and convert into 1.3 L3Harris shares for each L3 share.“Receiving these approvals marks the successful completion of a thorough regulatory review process – clearing the way for one of the largest mergers in defense industry history,” said William M. Brown, Chairman, CEO and President of Harris.“Today’s announcement positions us to close the merger and est
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