When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
UTX - United Technologies And Raytheon Merger - Strong Investment Opportunity
Raytheon Technologies
United Technologies Corporation (NYSE: UTX) is a more than $110 billion conglomerate, while Raytheon Company (NYSE: RTN) is a more than $50 billion U.S. defense contractor. The companies just announced that they were merging in a merger of equals, with Raytheon shareholders getting 43% of the company and United Technologies Corporation getting 57% of the company. The new company will be called Raytheon Technologies. The purpose of this article is to discuss this merger in detail and why it is a strong investment opportunity.