Raytheon Co and United Technologies Corp are in talks to merge in an all-stock d...
FILE PHOTO: A sign marks the Raytheon offices in Woburn, Massachusetts, U.S. January 25, 2017. REUTERS/Brian Snyder/File Photo
- Raytheon Co and United Technologies Corp are in talks to merge in an all-stock deal, the Wall Street Journal reported on Saturday, citing a person familiar with the matter. The combination, expected to be billed as a merger-of-equals, would not affect United Technologies’ existing plans to spin off its Otis elevator and Carrier building-systems businesses into separate companies, the Journal said.Reporting by Rama Venkat in Bengaluru; Editing by Leslie Adler
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