Raytheon, United Technologies in Talks to Merge

[Flyaway]

United Technologies Corp. UTX 0.36% andRaytheon Co. RTN 1.25% are in talks to combine in an all-stock deal that would create a giant in the aerospace and defense industries, according to a person familiar with the matter.
The companies, which together have a market value of roughly $166 billion, could announce a deal in the coming days assuming talks don’t fall apart at the last minute, the person said.
Exact terms couldn’t be learned but United Technologies shareholders are likely to own a majority of the combined company.

Raytheon, United Technologies in Talks to Merge

United Technologies is near a deal to combine with military contractor Raytheon, the latest move by the sprawling conglomerate to transform into a company focused on aerospace and defense.

www.wsj.com

 

[Grey Havoc]

Should this be over in Aerospace?