Raytheon and United Technologies in merger talks: WSJ

Raytheon and United Technologies in merger talks: WSJUnited Technologies Corp and US arms giant Raytheon are in talks over a merger deal that could create one of the world's biggest aerospace and defense companies, the Wall Street Journal reported Saturday. The new entity would be the world's second-largest defense company by sales after Boeing. A person familiar with the matter told the newspaper that United Technologies is likely to own a majority of the combined company.




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