Monday, June 10, 2019

Seems Right


Raytheon and United Technologies announced today their intentions to merge to form a $100 billion aerospace behemoth. How might the stock market value of what will be a critical piece of the U.S. defense shield compare with say Facebook, a bit of Internet fluff?

Well, Facebook has a market value over four times bigger than this Raytheon-United Tech combination. Seems right to me ...

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