Author: Jane Edwards|| Date Published: February 26, 2019
L3 Technologies (NYSE: LLL) and Harris (NYSE: HRS) will each hold a shareholder meeting on April 4 to decide on proposals needed to finalize the companies’ proposed merger through an all-stock transaction.
Shareholders of record as of Feb. 22 will vote at the companies™ respective meetings, Harris and L3 said Monday.
L3 will hold its shareholder meeting at Simpson Thacher & Bartlett LLP™s office in New York, while Harris will conduct its special meeting at its global innovation center in Melbourne, Fla.
Harris and L3 agreed to merge through an all-stock deal in October 2018 to form the country™s sixth largest defense technology firm with approximately 48K employees.
The companies expect the transaction to conclude in mid-calendar year 2019, subject to shareholder approvals, regulatory clearances and other customary closing conditions.
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L3 Technologies (NYSE: LLL) and Harris (NYSE: HRS) will each hold a shareholder meeting on April 4 to decide on proposals needed to finalize the companies’ proposed merger through an all-stock transaction.
