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Business/Financial

Shareholders Of Harris, L3 Approve Merger

By Cal Biesecker

Thursday, April 4th, 2019

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Shareholders Of Harris, L3 Approve Merger

Harris Corp. Chairman, President and CEO William Brown. Photo: Harris

Shareholders of Harris Corp. [HRS] and L3 Technologies [LLL] on Thursday respectively approved the pending merger of the two companies, keeping the deal on track to close in the middle of this year. Regulatory officials in the U.S., European Union and other organizations are still reviewing the planned Harris acquisition of L3, which would create a $16 billion defense and technology company. “Today’s vote clearly supports our view that this merger will unlock additional growth opportunities and generate value for…

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