Raytheon Company (NYSE: RTN) and United Technologies Corporation (NYSE: UTX) announced that they have received the necessary regulatory approvals for their all-stock merger of equals and expect to close the merger prior to the opening of trading on the New York Stock Exchange (NYSE) on Friday, April 3, 2020, the distribution date for United Technologies' spin-offs of Carrier … [Read more...] about Raytheon and United Technologies Obtain All Regulatory Approvals to Close Merger of Equals
Merger
HP Sends Letter to Xerox
HP Inc. (NYSE: HPQ) today announced that HP has sent a letter to Xerox Holdings Corporation in response to Xerox’s January 6, 2020, letter. The full text of HP’s letter is below: January 8, 2020 John Visentin Vice Chairman and CEO Xerox Holdings Corporation 201 Merritt 7 Norwalk, CT 06851-1056 CC: Keith Cozza, Chairman of Xerox Holdings Corporation; President and Chief … [Read more...] about HP Sends Letter to Xerox
Red Cat to Acquire Rotor Riot
Red Cat Holdings, Inc. (OTC: RCAT), a leading provider of distributed data storage, analytics and services for the drone industry, today announced it has entered into an agreement to acquire Rotor Riot in a stock and cash transaction. The companies expect the deal to close in mid-January. “We believe this deal is another significant milestone in our strategy to fuel rapid … [Read more...] about Red Cat to Acquire Rotor Riot
Medigus and Intellisense Close Merger
Medigus Ltd. (NASDAQ:MDGS) (TASE:MDGS), a technology company developing minimally invasive tools and an innovator in direct visualization technology, today announced that it consummated its securities exchange agreement with Intellisense Solutions Inc. (OTC: INLL), a Nevada corporation, pursuant to which Medigus assigned, transferred and delivered to Intellisense 100% of its … [Read more...] about Medigus and Intellisense Close Merger
Illumina and Pacific Biosciences Announce Termination of Merger Agreement
Illumina, Inc. (NASDAQ:ILMN) and Pacific Biosciences of California, Inc. (NASDAQ:PACB) today announced that they have mutually agreed to terminate their merger agreement, previously announced on November 1, 2018, under which Illumina would acquire Pacific Biosciences at a fully diluted enterprise value of approximately $1.2 billion in an all-cash transaction. Considering the … [Read more...] about Illumina and Pacific Biosciences Announce Termination of Merger Agreement
