[Via Satellite 05-29-2015] Harris Corporation finished its previously announced $4.75 billion acquisition of Exelis. Each outstanding share of Exelis common stock converted into the right to receive $16.625 in cash and 0.1025 of a share of Harris common stock. Harris shareholders own 85 percent of the combined company and Exelis shareholders own 15 percent. “With [...]

The post Harris Corp Completes Exelis Acquisition appeared first on Via Satellite.

Source: [url=http://www.satellitetoday.com/technology/2015/05/29/harris-corp-completes-exelis-acquisition/]Harris Corp Completes Exelis Acquisition[/url]