| Submit your comments on this article |
| Economy |
| United Technologies, Raytheon to combine in all-stock 'merger of equals' |
| 2019-06-10 |
| [Fox Business] United Technologies Opens a New Window. and defense contractor Raytheon Opens a New Window. agreed to merge in an all-stock deal described as a “merger of equals,” the companies announced on Sunday, creating a company with $74 billion in annual sales. The new company will be named Raytheon Technologies Corporation. Currently, United Technologies has a market value of $114 billion while Raytheon’s is about $52 billion. |
| Posted by:Skidmark |