Harris Corp Completes Exelis Acquisition – Satellite Today
Photo: Exelis [Via Satellite 05-29-2015] Harris Corporation finished its previously announced $4.75 billion acquisition of Exelis. Each outstanding share of Exelis common stock converted into the right to receive $16.625 in cash and 0.1025 of a share of Harris common stock. Harris shareholders own 85 percent of the combined company and Exelis shareholders own 15…