The Department of Justice is requiring Communications & Power Industries to sell its ASC Signal Division subsidiary and related assets in order for CPI to advance its acquisition of General Dynamics’ (NYSE: GD) antenna systems business.
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The Department of Justice has given United Technologies Corp. (NYSE: UTX) and Raytheon (NYSE: RTN) an antitrust approval to proceed with their proposed merger through an all-stock transaction, Reuters reported Friday. A DOJ notice posted Thursday says the approval comes with a proposed settlement that requires both companies to divest to a U.S. approved-buyer Raytheon’s airborne tactical radios business and UTC’s military GPS business and its large space-based optical systems unit to maintain competition.
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The Department of Justice has given L3 Technologies (NYSE: LLL) and Harris (NYSE: HRS) an antitrust approval to advance their merger through an all-stock transaction, Reuters reported Friday.
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The Justice Department has given antitrust approval to United Technologies Corp. (NYSE: UTX) to pursue its approximately $30B acquisition of Rockwell Collins (NYSE: COL), Bloomberg reported Tuesday. UTC announced in September 2017 that it agreed to pay approximately $23B in cash and stock and assume $7B in net debt from the Cedar Rapids, …
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