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Sunday, 06/09/2019 12:13:34 AM

Sunday, June 09, 2019 12:13:34 AM

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SA: "United Technologies and Raytheon in merger talks" -

"A deal between the two defense and aerospace giants (combined market cap $166B) could be announced within days, according to the report. The merger wouldn't affect UTX's existing plan to spin off its Otis elevator and Carrier building-systems businesses.

UTX's Chairman and Chief Executive Greg Hayes is expected to be CEO of the combined company, with Raytheon (NYSE:RTN) Chairman and CEO Thomas Kennedy becoming chairman."

https://seekingalpha.com/news/3469974-united-technologies-raytheon-merger-talks-wsj


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