2023-07-26 11:20:11 ET
- Aerojet Rocketdyne ( NYSE: AJRD ) rose 1.2% on a report that its planned sale to L3Harris ( NYSE: LHX ) may close as early as this week after gaining Federal Trade Commission approval.
- Aerojet ( AJRD ) and L3Harris ( LHX ) are expecting the $4.7 billion sale to close as early as this week, according to a Dealreporter item, that cited sources familiar with the matter. Traders earlier Wednesday circulated a Capitol Forum report that the merging parties were more optimistic about FTC approval for the combination.
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Aerojet gains on report sale to L3Harris may close as early as this week