https://www.bloomberg.com/amp/news/articles/2018-10-13/harris-corp-l3-technologies-are-close-to-merger-deal-wsj-says
8 replies (most recent on top)
M&A happens for two reasons. Either a small new upstart needs to be acquired to avoid future competition and boost future profits (think Microsoft/Skype) or two weak companies are joining forces just to survive (think Sears / Kmart).
So which are we? Skype? Or Kmart?
No Udumbo I said what I meant. Harris is in for a yuge ugly surprise. L3 is all hat and no 🐄
Every merger is followed by fat cutting. Hope Waco survives, but expect a layoff.
yuge??????maybe you made a huge mistake!!!!
Harris has made a yuge mistake. Their profitability will nosedive.
The new stock symbol will be HLLL
Harris is a smaller company....still will be L3...maybe L3-Harris. But L3 is the bigger company... will not change with this merger. This is good for L3 waco..
This is bad.