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RAYTHEON MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE MERGER OF RAYTHEON COMPANY IS FAIR TO SHAREHOLDERS – RTN
June 10, 2019.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger between Raytheon Company (“Raytheon” or the “Company”) (NYSE: RTN) and United Technologies Corp. (“United”) is fair to Raytheon shareholders. On behalf of Raytheon shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
On May 6, 2019, Jefferies Financial Group set a target price for Raytheon at $216.00 per share. The Raytheon merger investigation concerns whether Raytheon and its Board of Directors violated the federal securities laws and/or their fiduciary duties to shareholders by failing to: (1) obtain the best possible consideration for Raytheon shareholders; and (2) disclose all material information necessary for Raytheon shareholders to adequately assess and value the merger consideration.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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