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  • Monday, September 16, 2024

Harris Refiles Antitrust Notification for L3 Merger Deal


Harris (NYSE: HRS) has withdrawn and refiled a notification required under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with regard to its proposed merger with L3 Technologies (NYSE: LLL).

Harris resubmitted the notification Tuesday and the waiting period for the notice under the antitrust law is set to expire on Jan. 10, according to a Form 8-K filing with the Securities and Exchange Commission.

L3 and Harris initially submitted on Nov. 9 their HSR notification to the Department of Justice and the Federal Trade Commission nearly a month after they agreed to merge in an all-stock transaction.

Both companies expect the deal to conclude in mid-calendar year 2019.

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