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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| United Technologies Corporation | NYSE:UTX | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 86.01 | 0 | 01:00:00 |
From May 2019 to May 2024
By Michael Dabaie
Raytheon Co. (RTN) lost some of its premarket gains and were up 1% to $187.84 in early trading after President Donald Trump said in a CNBC interview he is "a little concerned" about the planned merger between Raytheon and United Technologies Corp. (UTX).
United Technologies shares turned negative and were recently down 1% to $130.79.
"When I hear they're merging, does that take away more competition?", Mr. Trump said in the interview.
United Technologies in a Securities and Exchange commission filing said the agreement between the two companies includes termination fees. Raytheon would be required to pay United Technologies $1.785 billion, and United Technologies would be required to pay Raytheon $2.365 billion, under certain circumstances.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
June 10, 2019 10:17 ET (14:17 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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