Cases
L3 Technologies, Inc. (LLL)
Merger
Overview
Overview
- Date:
- 10/16/2018
- Company Name:
- L3 Technologies, Inc.
- Stock Symbol:
- LLL
- Company Name - Buyer:
- Harris Corporation
- Status:
- Closed/Complete
- Merger Announcement Date:
- 10/14/2018
NEW YORK, October 16, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of L3 Technologies, Inc. (NYSE: LLL) on behalf of stockholders concerning the proposed acquisition of the company by Harris Corporation.
Pursuant to the proposed transaction, announced on October 14, 2018 and valued at $16 billion, L3 stockholders will receive 1.3 shares of Harris for each share of L3 common stock owned. The investigation focuses on whether L3 and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own L3 shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.
Pursuant to the proposed transaction, announced on October 14, 2018 and valued at $16 billion, L3 stockholders will receive 1.3 shares of Harris for each share of L3 common stock owned. The investigation focuses on whether L3 and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own L3 shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.