L3Harris Technologies Advised Today That The FTC Will Not Block Our Acquisition Of Aerojet Rocketdyne
Portfolio Pulse from Bill Haddad
L3Harris Technologies announced that the Federal Trade Commission (FTC) will not block its acquisition of Aerojet Rocketdyne. This clears a major regulatory hurdle for the deal to proceed.
July 26, 2023 | 8:35 pm
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POSITIVE IMPACT
The FTC's decision not to block the acquisition of Aerojet Rocketdyne by L3Harris Technologies is positive news for Aerojet Rocketdyne. This clears a major regulatory hurdle, potentially paving the way for the deal to proceed.
The FTC's decision not to block the acquisition removes a significant barrier to the deal's completion. This could potentially lead to increased investor confidence in Aerojet Rocketdyne, potentially driving up the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
The FTC's decision not to block the acquisition of Aerojet Rocketdyne by L3Harris Technologies is positive news for L3Harris. This clears a major regulatory hurdle, potentially paving the way for the deal to proceed.
The FTC's decision not to block the acquisition removes a significant barrier to the deal's completion. This could potentially lead to increased investor confidence in L3Harris, potentially driving up the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100