United Technologies CFO Defends Raytheon Deal - Financial Investment News -BoardProspects

United Technologies CFO Defends Raytheon Deal

Financial Investment News Jul 23 2019 BoardNews

Investors haven’t seemed happy about United Technologies’ blockbuster deal to merge its aerospace division with defense contractor Raytheon. But United Tech’s latest quarterly results show shareholders have no reason to worry, according to the industrial conglomerate’s CFO. CFO Akhil Johri is excited by the potential Raytheon merger benefits and believes the market may be missing several key benefits. To start, he highlighted United Tech’s strong record for past deals...
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Topics Mentioned
- activist investor
- technology
- acquisition
- Investors
- Dow
- Raytheon
- United Technologies
- CFO
- CEO
- Merger
- earnings
Authors
- Al Root