We Give Shareholders a Voice
Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger between of Raytheon Company (“Raytheon” or the “Company”) (NYSE: RTN) and United Technologies Corporation (“United Technologies”) (NYSE: UTX). Under the terms of the deal, Raytheon shareowners will receive 2.3348 shares in the combined company for each Raytheon share. Upon completion of the merger, United Technologies shareowners will own approximately 57 percent and Raytheon shareowners will own approximately 43 percent of the combined company on a fully diluted basis.
The Raytheon merger investigation concerns whether the Board of Raytheon breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether the merger with United Technologies undervalues Raytheon shares, thus unlawfully harming Raytheon shareholders.
To receive more information, please fill out the form.